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Unformatted text preview: Lecture 9
Tables and ﬁgures in this lecture are taken from:
Chapter 8 of Ray (1998)
Chapter 4 of Deaton (1997)
Class based on Burgess, R. and Zhuang, J. (2002), Modernisation and
Son Preference. mimeo, LSE.
We have so far been dealing with question of the welfare of nations and
However, there is still the issue of intra-household allocation that we need
to tackle, i.e., are resources within household fungible
Big empirical question: Are there biases in the intra-household allocation
If there are (i.e., imperfect fungibility) – standard household welfare measures (e.g., per capita expenditure or income) may not reﬂect the welfare
of household members
welfare, living standards, poverty: fundamentally characteristics of individuals not households – expression at household level just reﬂects data
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This note was uploaded on 12/29/2011 for the course ECO 307 taught by Professor Dublin during the Spring '10 term at SUNY Stony Brook.
- Spring '10