Travail de recherche/Working paper
| Résumé : | We present a framework to analyse household consumption and time use behavior under the assumption of marital stability while incorporating thedecision to participate in the labor market. Our method follows a revealed preference approach which does not require a prior specification of individual utilities. Using our method and data drawn from the US Panel Study of Income Dynamics, we examine the welfare effects of marriage and the impact of own and spouse’s employment and education on individual well-being. We estimate within-household allocations and conduct a robust individual welfare analysis that documents the important role of employment and education on household bargaining and poverty analysis. |
