Abstract:
This paper tests, using data from South Africa and Pakistan, two major implications of the unitary household model, namely, that (a) each individual pools the various components of her/his non labour earnings, and (b) men and women pool their non labour earnings between themselves. The study uses a three stage least squares procedure that, besides recognising the endogeneity of all the income variables, allows for simultaneity between all the income and expenditure equations.
More papers in Working Papers from Tasmania - Department of Economics Address: UNIVERSITY OF TASMANIA, DEPARTMENT OF ECONOMICS, HOBART TASMANIA 7001 AUSTRALIA. Contact information at EDIRC. Series data maintained by Thomas Krichel ().
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