Estimating a Collective Household Model with Survey Data on Financial Satisfaction

Rob Alessie, Thomas Crossley () and Vincent Hildebrand

Social and Economic Dimensions of an Aging Population Research Papers from McMaster University

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 of the countries we study.

Keywords: consumption; returns to scale; collective household models (search for similar items in EconPapers)
JEL-codes: D12 D13 I31 (search for similar items in EconPapers)
Pages: 52 pages
Date: 2006-09
New Economics Papers: this item is included in nep-eec
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Citations: View citations in EconPapers (8)

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Related works:
Working Paper: Estimating a collective household model with survey data on financial satisfaction (2006)
Working Paper: Estimating a Collective Household Model with Survey Data on Financial Satisfaction (2006)
Working Paper: Estimating a Collective Household Model with Survey Data on Financial Satisfaction (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:mcm:sedapp:161

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