Collective and Unitary Models: A Clarification.
In this note we identify and clarify a confusion that has arisen in the literature about the exact relationship between unitary and collective models and what enters the Pareto weight and the sharing function. We suggest that we should denote as 'unitary' any model that leads to outcomes t...
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Format: | Journal article |
Language: | English |
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2006
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author | Browning, M Chiappori, P Lechene, V |
author_facet | Browning, M Chiappori, P Lechene, V |
author_sort | Browning, M |
collection | OXFORD |
description | In this note we identify and clarify a confusion that has arisen in the literature about the exact relationship between unitary and collective models and what enters the Pareto weight and the sharing function. We suggest that we should denote as 'unitary' any model that leads to outcomes that satisfy the Slutsky conditions whether or not these outcomes depend on distribution factors. In particular, income pooling is neither necessary nor sufficient for a unitary model. We also show that the presence of prices or total expenditure in the sharing rule cannot be used as a test for a unitary model. |
first_indexed | 2024-03-06T23:45:38Z |
format | Journal article |
id | oxford-uuid:70ca39ae-fcbd-4c01-b9e3-30e69b6d5360 |
institution | University of Oxford |
language | English |
last_indexed | 2024-03-06T23:45:38Z |
publishDate | 2006 |
record_format | dspace |
spelling | oxford-uuid:70ca39ae-fcbd-4c01-b9e3-30e69b6d53602022-03-26T19:39:33ZCollective and Unitary Models: A Clarification.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:70ca39ae-fcbd-4c01-b9e3-30e69b6d5360EnglishDepartment of Economics - ePrints2006Browning, MChiappori, PLechene, VIn this note we identify and clarify a confusion that has arisen in the literature about the exact relationship between unitary and collective models and what enters the Pareto weight and the sharing function. We suggest that we should denote as 'unitary' any model that leads to outcomes that satisfy the Slutsky conditions whether or not these outcomes depend on distribution factors. In particular, income pooling is neither necessary nor sufficient for a unitary model. We also show that the presence of prices or total expenditure in the sharing rule cannot be used as a test for a unitary model. |
spellingShingle | Browning, M Chiappori, P Lechene, V Collective and Unitary Models: A Clarification. |
title | Collective and Unitary Models: A Clarification. |
title_full | Collective and Unitary Models: A Clarification. |
title_fullStr | Collective and Unitary Models: A Clarification. |
title_full_unstemmed | Collective and Unitary Models: A Clarification. |
title_short | Collective and Unitary Models: A Clarification. |
title_sort | collective and unitary models a clarification |
work_keys_str_mv | AT browningm collectiveandunitarymodelsaclarification AT chiapporip collectiveandunitarymodelsaclarification AT lechenev collectiveandunitarymodelsaclarification |