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Ties that Bind: The Kin System as a Mechanism of Income-Hiding between Spouses in Rural Ghana AgEcon
Castilla, Carolina.
I present a simple model of intra-household allocation between spouses to show that when the quantity of resources available to the household is not perfectly observed by both spouses, hiding of income can occur even when revelation of the additional resources increases bargaining power. From the model, a test to identify income hiding empirically is derived. For the empirical application, a household survey conducted in Southern Ghana is used. I exploit the variation in the degree of asymmetric information between spouses, measured as the difference between the husband’s own reporting of farm sales and the wife’s reporting of his farm sales, to test whether the allocation of resources is consistent with hiding. For identification, the wife’s clan and the...
Tipo: Conference Paper or Presentation Palavras-chave: Incomplete information; Income hiding; Non-cooperative family bargaining; Consumer/Household Economics; International Development; D13; D82; J12.
Ano: 2011 URL: http://purl.umn.edu/104072
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Asymmetric Search and Loss Aversion: Choice Experiment on Consumer Willingness to Search in the Gasoline Retail Market AgEcon
Castilla, Carolina; Haab, Timothy C..
Price search enables consumers to overcome information asymmetries, it can lead to a reduction in price dispersion and it can increase consumer surplus, but search is costly. In this paper, an internet survey is conducted among a random sample of 490 drivers in the State of Ohio to answer the question, when are consumers more likely to search? The internet survey affords us the opportunity to impose exogenous price changes in a random sample of gasoline consumers to examine the decision-making process behind intended search decisions. Results indicate that among the respondents who faced prices below their expected price, only 12% chose to search, whereas 45% searched when prices were above. Results suggest that asymmetric search can be explained by...
Tipo: Conference Paper or Presentation Palavras-chave: Price search; Choice experiment; Search cost; Gasoline market; Consumer/Household Economics; Demand and Price Analysis; D83; D03.
Ano: 2010 URL: http://purl.umn.edu/61672
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Intra-Household Resource Management Structure and Income-Hiding under Incomplete Information AgEcon
Castilla, Carolina.
There is evidence that some multi-person households may withhold income transfers, such as bonuses, gifts, and cash transfers, from other members of the household (Ashraf (2009); Vogler and Pahl, (1994)). In this paper, I show that the incentives to hide income under incomplete information regarding the quantity of resources available to the household differ for three different household resource management structures. I illustrate this with a simple two-stage game. In the first stage, one spouse receives a monetary transfer that is unobserved by her spouse, and she must decide whether to reveal or to hide it. In the second stage, spouses bargain over the allocation of resources between a household good and private expenditure. The three models differ in...
Tipo: Conference Paper or Presentation Palavras-chave: Incomplete information; Household bargaining; Resource management systems; Demand and Price Analysis; Labor and Human Capital; D13; D82; J12.
Ano: 2010 URL: http://purl.umn.edu/61607
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