Spending time and money within the household
Martin Browning
Mette Gortz
Abstract
We consider theoretically and empirically the allocation of time and money within the household. The novelty of our empirical work is that we have a survey which provides information on both time use and the allocation of some goods within the household, for the same households. We can consider whether a partner who enjoys more leisure also receives more consumption, which looks like the outcome of `power` within the household, or receives less consumption, which looks like differing tastes across households.
Keywords: Intra-household Allocation, Household Production
Date: October 2006 | Reference number(s): 288
Series: Department of Economics Discussion Paper Series
JEL Classifications: C3, D1, J1, J2