Pooling of income and sharing of consumption within households

There are extensive literatures within economics and economic psychology on the allocation of household income within the household. These two literatures are largely disjoint but both use a concept of 'income pooling'. In economics this refers to the independence of household decisions...

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Main Authors: Browning, M, Bonke, J
Format: Working paper
Published: University of Oxford 2009
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author Browning, M
Bonke, J
author_facet Browning, M
Bonke, J
author_sort Browning, M
collection OXFORD
description There are extensive literatures within economics and economic psychology on the allocation of household income within the household. These two literatures are largely disjoint but both use a concept of 'income pooling'. In economics this refers to the independence of household decisions from who receives the income within the household. In economic psychology it refers to the management of household finances. This article uses a new Danish expenditure survey that gives information on both concepts and on the assignment of expenditures to consider the link between the two. More importantly, we investigate whether either type of pooling is related to the sharing of expenditures between the two partners. We find that sharing does depend on who receives the income within non-pooling households, but not on the economic psychological income pooling regime per se.
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spelling oxford-uuid:94a7d13c-f058-4eda-a6f9-2f298bbf14502022-03-26T23:41:00ZPooling of income and sharing of consumption within householdsWorking paperhttp://purl.org/coar/resource_type/c_8042uuid:94a7d13c-f058-4eda-a6f9-2f298bbf1450Bulk import via SwordSymplectic ElementsUniversity of Oxford2009Browning, MBonke, JThere are extensive literatures within economics and economic psychology on the allocation of household income within the household. These two literatures are largely disjoint but both use a concept of 'income pooling'. In economics this refers to the independence of household decisions from who receives the income within the household. In economic psychology it refers to the management of household finances. This article uses a new Danish expenditure survey that gives information on both concepts and on the assignment of expenditures to consider the link between the two. More importantly, we investigate whether either type of pooling is related to the sharing of expenditures between the two partners. We find that sharing does depend on who receives the income within non-pooling households, but not on the economic psychological income pooling regime per se.
spellingShingle Browning, M
Bonke, J
Pooling of income and sharing of consumption within households
title Pooling of income and sharing of consumption within households
title_full Pooling of income and sharing of consumption within households
title_fullStr Pooling of income and sharing of consumption within households
title_full_unstemmed Pooling of income and sharing of consumption within households
title_short Pooling of income and sharing of consumption within households
title_sort pooling of income and sharing of consumption within households
work_keys_str_mv AT browningm poolingofincomeandsharingofconsumptionwithinhouseholds
AT bonkej poolingofincomeandsharingofconsumptionwithinhouseholds