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Nonparametric analysis of household labor supply: Goodness-of-fit and power of the unitary and the collective model

Cherchye,L.J.H.
; 
Vermeulen,F.M.P.
Abstract
We compare the empirical performance of unitary and collective labor supply models, using representative data from the Dutch DNB Household Survey. We conduct a nonparametric analysis that avoids the distortive impact of an erroneously specified functional form for the preferences and/or the intrahousehold bargaining process. Our analysis focuses on the goodness of fit of the two behavioral models. To guarantee a fair comparison, we complement this goodness-of-fit analysis with a power analysis. Our results strongly favor the collective approach to modeling the behavior of multiperson households.
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Appeared earlier as CentER DP 2006-13
Date
2008
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Tilburg University Research Output Collection
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Cherchye, L J H & Vermeulen, F M P 2008, 'Nonparametric analysis of household labor supply : Goodness-of-fit and power of the unitary and the collective model', Review of Economics and Statistics, vol. 90, no. 2, pp. 267-274.
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https://hdl.handle.net/20.500.14602/48069
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info:eu-repo/semantics/restrictedAccess
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