Estimating a Collective Household Model with Survey Data on Financial Satisfaction
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Publication date
2006-09
Authors
Alessie, Rob
Crossley, T.F.
Hildebrand, V.
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DOI
Document Type
Working paper
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Abstract
We estimate a collective household model with survey data on financial satisfaction from the European Community Household Panel. Our estimates suggest that cohabitating individuals enjoy returns to scale in consumption that are towards the larger end of the range of estimates reported in the literature. They also suggest that the share of household income provided by the female partner is a significant determinant of her share of household consumption in most countries of the countries we study.
Keywords
consumption, returns to scale, collective household models
Citation
Alessie, R, Crossley, T F & Hildebrand, V 2006 'Estimating a Collective Household Model with Survey Data on Financial Satisfaction' Discussion Paper Series / Tjalling C. Koopmans Research Institute , no. 07, vol. 06, UU USE Tjalling C. Koopmans Research Institute, Utrecht.