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Erscheinungsjahr: 
2016
Schriftenreihe/Nr.: 
School of Economics Discussion Papers No. 1601
Verlag: 
University of Kent, School of Economics, Canterbury
Zusammenfassung: 
In this paper, we investigate the link between intra-household resource allocation and familial ties between household members. We show that, within the same geographic, economic and social environments, households where members have "stronger" familial ties (e.g. a nuclear family household) achieve near Pareto efficient allocation of productive resources and Pareto efficient allocation of consumption while households with "weaker" familial ties (e.g. an extended family household) do not. We propose a theoretical model of the household based on the idea that altruism between household members vary with familial ties which generates predictions consistent with the observed empirical patterns.
Schlagwörter: 
Intra-household Allocation
Social Norms
Extended Families
Altruism
Household Farms
Income Shocks
Risk-sharing
Consumption Smoothing
JEL: 
O12
D13
Q1
Dokumentart: 
Working Paper

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