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Life satisfaction and household production in a collective model: Evidence from Italy

Lucia Mangiavacchi and Chiara Rapallini

No 127, Working Papers from ECINEQ, Society for the Study of Economic Inequality

Abstract: The model takes into account the household production and self reported information is interpreted in relation with the sharing rule governing the bargaining process in the family. Considering that the theoretical framework implies a wide concept of full income, which includes the allocation of time between the spouses, we used the self reported information on whole satisfaction in life. We demonstrate that self reported data on satisfaction are useful in recovering the individual share of the household full income and the relevance of the wages in this bargaining process. We find also that non strictly economic individual variables and some household characteristics are important in explaining the Italian sharing rule.

Keywords: Collective model; Within-household income comparisons; Subjective data; Italy. (search for similar items in EconPapers)
JEL-codes: C3 D1 J22 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2009
New Economics Papers: this item is included in nep-hap
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