Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/245739 
Year of Publication: 
2021
Series/Report no.: 
IZA Discussion Papers No. 14688
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
We present a methodology for the structural empirical analysis of house- hold consumption and time use behaviour under marital stability. Our approach is of the revealed preference type and non-parametric, meaning that it does not require a prior functional specification of individual utilities. Without making use of the transferable utility assumption, but still allowing for monetary transfers, our method can identify individuals' unobserved match qualities and quantify them in money metric terms. We can include both preference factors, affecting individuals' preferences over private and public goods, and match quality factors, driving differences in unobserved match quality. We demonstrate the practical usefulness of our methodology through an application to the Belgian MEqIn data. Our results reveal intuitive patterns of unobserved match quality that allow us to rationalise both the observed matches and the within-household allocations of time and money.
Subjects: 
household consumption
marital stability
unobserved match quality
revealed preference analysis
intrahousehold allocation
JEL: 
C14
D11
C78
Document Type: 
Working Paper

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