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Allocation of Income Within the Household

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Allocation of Income Within the Household - Lazear, Edward P, and Michael, Robert T
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Allocation of Income within the Household develops an important new economic model of income distribution within the family, one that attempts to determine which family characteristics affect spending patterns. Professors Lazear and Michael base their work on an analysis of the 1972-73 Consumer Expenditure Survey and test their conclusions against the 1960-61 survey to verify the persistence of the effects discovered. They find, for example, that the average household spends $38 per child for every $100 spent per adult and ...

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Allocation of Income Within the Household 1988, University of Chicago Press, Chicago, IL

ISBN-13: 9780226469669

Hardcover