Intra-household resource allocation and familial ties

Arbeitspapier

In this paper, we investigate the link between intra-household resource allocation and familial ties between household members. We show that, within the same geographic, economic and social environments, households where members have "stronger" familial ties (e.g. a nuclear family household) achieve near Pareto efficient allocation of productive resources and Pareto efficient allocation of consumption while households with "weaker" familial ties (e.g. an extended family household) do not. We propose a theoretical model of the household based on the idea that altruism between household members vary with familial ties which generates predictions consistent with the observed empirical patterns.

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• Language: Englisch

References and Relationships

• Bibliographic citation: Series: School of Economics Discussion Papers ; No. 1601

Classification and Topics

• Classification: Wirtschaft ; Microeconomic Analyses of Economic Development ; Household Production and Intrahousehold Allocation
• Subject: Intra-household Allocation ; Social Norms ; Extended Families ; Altruism ; Household Farms ; Income Shocks ; Risk-sharing ; Consumption Smoothing

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Kazianga, Harounan ; Wahhaj, Zaki
• Event: Veröffentlichung
• (who): University of Kent, School of Economics
• (where): Canterbury
• (when): 2016

Further information

• Handle: http://hdl.handle.net/10419/129995