Rationality in the Joint Allocation of Private and Public Goods
Bernarda Zamora ()
MPRA Paper from University Library of Munich, Germany
In this study we assume that household demand for private and public goods are the e¢cient outcomes of the household decission process. From the efcient assumption we derive testable properties of these demands and we identify some characteristics of the intrahousehold distribution of the household expenditure. These results extend Chiappori (1988) main results to the case of joint consumption of private and public goods.
Keywords: Household behavior; Collective Model; Identification; Testing (search for similar items in EconPapers)
JEL-codes: D11 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:6640
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