The author is grateful to George Akerlof, Abhijit Banerjee, Chris Barrett, Alaka Basu, Francois Bourguignon, Nancy Chau, Amanda J. Felkey, Dragan Filipovich, Patrick Francois, Karla Hoff, Ravi Kanbur, Rachel Kranton, Valerie Lechene, Dilip Mookherjee, Omar Robles and Erik Thorbecke for useful discussions and to three anonymous referees for detailed comments and suggestions. The article has also benefited from seminar presentations at Columbia University, M.I.T., Cornell University, University of Maryland at College Park, El Colegio de Mexico, Boston University, Hebrew University, Tel Aviv University, Virginia Tech, University of California at Berkeley and Harvard University.
Gender and Say: a Model of Household Behaviour with Endogenously Determined Balance of Power*
Version of Record online: 31 MAR 2006
The Economic Journal
Volume 116, Issue 511, pages 558–580, April 2006
How to Cite
Basu, K. (2006), Gender and Say: a Model of Household Behaviour with Endogenously Determined Balance of Power. The Economic Journal, 116: 558–580. doi: 10.1111/j.1468-0297.2006.01092.x
- Issue online: 31 MAR 2006
- Version of Record online: 31 MAR 2006
- Submitted: 14 January 2003 Accepted: 2 February 2005
The evidence that the same income can lead to different household decisions, depending on who the earner is, has led to an effort to replace the standard household model with the ‘collective model’, which recognises that a household's decisions depend on the power balance between the husband and the wife. This article recognises that the power balance can, in turn, depend on the decisions made. A new ‘household equilibrium’ and its dynamics are described and it is shown that there can be multiple equilibria in female labour-supply, and that child labour can decline and rise as the wife's power increases.