Time use, intrahousehold inequality and individual welfare: revealed preference analysis

Ruben Bostyn, Laurens Cherchye, Bram De Rock and Frederic Vermeulen

No 746835, Working Papers of Department of Economics, Leuven from KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven

Abstract: We make use of rich micro data from the Belgian MEqIn survey, which contains de tailed information on individual consumption, public consumption inside households and time use. We explain the observed household behavior by means of a collective model that integrates marriage market restrictions on intrahousehold allocation pat terns. We adopt a revealed preference approach that abstains from any functional form assumptions on individual utility functions or intrahousehold decision processes. This allows us to (set) identify the sharing rule, which governs the intrahousehold sharing of time and money, and to quantify economies of scale within households. We use these results to conduct a robust and meaningful individual welfare and inequality analysis, hereby highlighting the important role of detailed consumption and time use data.

Pages: 34
Date: 2022-08
Note: paper number DPS 22.05
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Forthcoming in FEB Research Report Department of Economics

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https://lirias.kuleuven.be/retrieve/771538 Published version (application/pdf)

Related works:
Chapter: Time Use, Intrahousehold Inequality, and Individual Welfare: Revealed Preference Analysis (2023)
Working Paper: Time Use, Intrahousehold Inequality and Individual Welfare: Revealed Preference Analysis (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:ete:ceswps:746835

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