Working Paper: CEPR ID: DP4776
Authors: Amanda Gosling; Eleni Karagiannaki
Abstract: This Paper attempts to expand the literature of intra-household allocation by looking at how resources are allocated between the elderly and their grown-up children with whom they live. It uses data over the 1970s, 1980s and 1990s from the Greek Household Budget Survey to test the hypothesis that relative incomes within the household have no bearing on shares of total household resources. This restriction is rejected suggesting that poverty rates of the elderly are higher than those obtained from looking at the distribution of household incomes.
Keywords: Intrahousehold Allocation; Living Standards; Elderly; Greece; Poverty Rates
JEL Codes: J12; D13; I32
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| relative income of elderly members (J26) | budget share for children's clothing (J13) |
| budget share for children's clothing (J13) | resources allocated to younger family members (J13) |
| differences in bargaining power and income shares (E25) | resource distribution (Q21) |
| generational differences in preferences for consumption goods (D15) | understanding of resource allocation (D61) |
| elderly's income share (J26) | resources allocated to younger family members (J13) |