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Erscheinungsjahr: 
2010
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 5127
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
Many economic decisions are made jointly within households. This raises the question about spouses' relative influence on joint decisions and the determinants of relative influence. Using a controlled experiment (on inter-temporal choice), we let each spouse first make individual decisions and then make joint decisions with the other spouse. We use a random parameter probit model to measure the relative influence of spouses on joint decisions. In general, husbands have a stronger influence than wives. However, in richer households and when the wife is older than the husband, we find a significantly stronger influence of the wife on joint decisions.
Schlagwörter: 
household decision making
spouses
relative influence
random parameter model
field experiment
time preferences
JEL: 
C91
C92
C93
D10
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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