Document Type
Discussion Paper
Publication Date
6-25-2024
CFDP Number
2395
CFDP Pages
50
Abstract
In this paper we develop a novel approach to measuring individual welfare within house-holds, recognizing that individuals may have both different preferences (particularly regarding public consumption) and differential access to resources. We construct a money metric mea-sure of welfare that accounts for public goods (by using personalized prices) and the allocation of time. We then use our conceptual framework to analyse intrahousehold inequality in Japan, allowing for the presence of two public goods: expenditures on children and other public goods including housing. We show empirically that women have much stronger preferences for both public goods and this has critical implications for the distribution of welfare in the household.
Recommended Citation
Chiappori, Pierre-André; Meghir, Costas; and Okuyama, Yoko, "Intrahousehold Welfare: Theory and Application to Japanese Data" (2024). Cowles Foundation Discussion Papers. 2799.
https://elischolar.library.yale.edu/cowles-discussion-paper-series/2799