WEEK I
lincomepooling
Redistributionof hasnoimpactonobservedchoice
if x 1 or 99 c isthesame
yegg y 1
underincomepooling yes
a nothingto dowithjointbankaccounts
4 mechanismfeasibility
f observedchoice
importantbecause
No Peoplecan'tsay
jointbankaccounts Enficebserved
observe'd
choice
theycan rued
jointbankaccounts
tudyingobservedchoice
Notmechanism 1
andnotallocation
usingtheoryofchoice t dateonchoicetoevaluateincomepooling
A inincomeallocation
t incomepooling reallocating E ofincomemaynotleadtothesamechoice unless
samepreferences nomothetic
preferences
notincomepooling
bythequantity andsums
withincomepooling choicesareonlyaffected ofincomenottheallocation
, Unitaryhouseholdmodel
Budgetconstraint
pg t p292 E Y
slope Palp
withatwopersonhousehold
y yo t w h t waha
budgetset
nineteen
B
i pg t p292 E yo t win t wahr
Reallocating E ofincome
Pig t p292 E yo t Iwin El t wah t El
Yo
pg t p292 E t win t wah
unchanged
no a choice imposesincome
pooling
choice
MRS MRT
havingdiffincomes
notchangingobservedchoices
income
pooling t
separateseffectof y 42
p
margeffectofincomesarenotequal
othersutilityisindependentofincome
caringabout pooling
, IData1
Testingincome
pooling
estimateobservedchoicesagainstincome
ifmargeffectofincomesareequal
,
lincomepooling
Redistributionof hasnoimpactonobservedchoice
if x 1 or 99 c isthesame
yegg y 1
underincomepooling yes
a nothingto dowithjointbankaccounts
4 mechanismfeasibility
f observedchoice
importantbecause
No Peoplecan'tsay
jointbankaccounts Enficebserved
observe'd
choice
theycan rued
jointbankaccounts
tudyingobservedchoice
Notmechanism 1
andnotallocation
usingtheoryofchoice t dateonchoicetoevaluateincomepooling
A inincomeallocation
t incomepooling reallocating E ofincomemaynotleadtothesamechoice unless
samepreferences nomothetic
preferences
notincomepooling
bythequantity andsums
withincomepooling choicesareonlyaffected ofincomenottheallocation
, Unitaryhouseholdmodel
Budgetconstraint
pg t p292 E Y
slope Palp
withatwopersonhousehold
y yo t w h t waha
budgetset
nineteen
B
i pg t p292 E yo t win t wahr
Reallocating E ofincome
Pig t p292 E yo t Iwin El t wah t El
Yo
pg t p292 E t win t wah
unchanged
no a choice imposesincome
pooling
choice
MRS MRT
havingdiffincomes
notchangingobservedchoices
income
pooling t
separateseffectof y 42
p
margeffectofincomesarenotequal
othersutilityisindependentofincome
caringabout pooling
, IData1
Testingincome
pooling
estimateobservedchoicesagainstincome
ifmargeffectofincomesareequal
,
