2017-06-01, English, Article, Journal or magazine article edition: The economies of scale of living together and how they are shared: estimates based on a collective household model.(Abstract) Butikofer, Aline; Gerfin, Michael

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Physical Description
  • Abstract
  • Magazine/​Journal article
Published
  • Springer, 2017 June
Language
  • English

Edition details

Title
  • The economies of scale of living together and how they are shared: estimates based on a collective household model.(Abstract)
Also Titled
  • The economies of scale of living together and how they are shared: estimates based on a collective household model.
Appears In
  • Review of Economics of the Household, v.15, no.2, 2017 June, p.433(21) (ISSN: 1569-5239)
Author
  • Butikofer, Aline
  • Gerfin, Michael
Published
  • Springer, 2017 June
Physical Description
  • Abstract
  • Magazine/​Journal article
Subjects
Target Audience
  • Academic
Summary
  • To access, purchase, authenticate, or subscribe to the full-text of this article, please visit this link: http:/​/​dx.doi.org/​10.1007/​s11150-014-9255-8 Byline: Aline Butikofer (1), Michael Gerfin (2,3) Keywords: Collective household models; Sharing rule; Equivalence scale; Subjective data; D12; C21; D19 Abstract: How large are the economies of scale of living together? And how do partners share their resources? The first question is usually answered by equivalence scales which assume equal sharing of resources within the household. Recent evidence based on collective household models rejects this equal sharing assumption. This paper uses data on financial satisfaction to simultaneously estimate the sharing rule and the economies of scale in a collective household model. The estimates indicate substantial scale economies of living together. Furthermore, wives receive on average almost 50 % of household resources, but the estimated shares vary between 30 and 60 %. Female resource shares increase with the ratio of female to male wages. Consumption inequality is underestimated by 16 % if unequal sharing is ignored. Author Affiliation: (1) Department of Economics, Norwegian School of Economics, Helleveien 30, 5045, Bergen, Norway (2) Department of Economics, University of Bern, Schanzeneckstrasse 1, 3001, Bern, Switzerland (3) IZA, Bonn, Germany Article History: Registration Date: 16/06/2014 Received Date: 26/09/2013 Accepted Date: 16/06/2014 Online Date: 26/06/2014
Terms of Use
  • COPYRIGHT 2017 Springer
Language
  • English
Database
  • Gale Academic OneFile
Identifier
  • 488766438
  • 10.1007/​s11150-014-9255-8

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