全球智库信息集成服务系统(G2TT): Determinants and Consequences of Bargaining Power in Households

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w12367
来源ID	Working Paper 12367
	Determinants and Consequences of Bargaining Power in Households
	Leora Friedberg; Anthony Webb
发表日期	2006-07-24
出版年	2006
语种	英语
摘要	A growing literature offers indirect evidence that the distribution of bargaining power within a household influences decisions made by the household. The indirect evidence links household outcomes to variables that are assumed to influence the distribution of power within the household. In this paper, we have data on whether a husband or wife in the Health and Retirement Study %u201Chas the final say%u201D when making major decisions in a household. We use this variable to analyze determinants and some consequences of bargaining power. Our analysis overcomes endogeneity problems arising in many earlier studies and constitutes a missing link confirming the importance of household bargaining models. We find that decision-making power depends on plausible individual variables and also influences important household outcomes, with the second set of results much stronger than the first set. Current and lifetime earnings have significant but moderate effects on decision-making power. On the other hand, decision-making power has important effects on financial decisions like stock market investment and total wealth accumulation and may help explain, for example, the relatively high poverty rate among widows.
主题	Microeconomics ; Households and Firms ; Behavioral Economics ; Financial Economics ; Portfolio Selection and Asset Pricing ; Labor Economics ; Demography and Aging
URL	https://www.nber.org/papers/w12367
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/570024
推荐引用方式 GB/T 7714	Leora Friedberg,Anthony Webb. Determinants and Consequences of Bargaining Power in Households. 2006.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w12367.pdf（277KB）	智库出版物		限制开放	CC BY-NC-SA	浏览