Using micro-level household data in the 2001 Comprehensive Survey of the Living Conditions of the People on Health and Welfare compiled by the Japanese Ministry of Health, Labor and Welfare, this paper examines how having a household member in need of long-term nursing care can result in welfare losses measured in terms of consumption. In so doing, this study evaluates the role of the public lo...

This paper develops an analytically tractable Bewley model of money demand to shed light on some important questions in monetary theory, such as the welfare cost of inflation. It is shown that when money is a vital form of liquidity to meet uncertain consumption needs, the welfare costs of inflation can be extremely large. With log utility and parameter values that best match both the aggregate...

Employing total consumption as a household-level welfare indicator with which to measure poverty has often been criticised because it is felt that such an indicator does not account for differing access to, and cost of, publicly provided services. This paper discusses when and how adjustments can be made to expenditures derived from household surveys so as to reflect the consumption of basic se...

Fleurbaey, Hagneré and Trannoy (2003) develop a bounded dominance test to make robust welfare comparisons, which is intermediate between Ebert’s (1999) cardinal dominance criterion –generalized Lorenz dominance applied to household incomes, divided and weighted by an equivalence scale– and Bourguignon’s (1989) ordinal dominance criterion. In this paper, we develop a more complete, but less robu...

Using stochastic forecasting techniques, this paper assesses the consequences for public finances of changes in age and household structures in Denmark over the period 2008–2037. Focusing on components of welfare provisions and tax payments with noticeable differences across age and household status, we show that, based on a point forecast, the fiscal impact of changes in household structures a...

Do Parents Drink Their Children’s Welfare? A Joint Analysis of Intra-Household Allocation of Time The aim of this paper is to investigate whether excessive parental alcohol consumption leads to a reduction of child welfare. To this end, we analyse whether alcohol consumption decreases time spent by parents looking after their children and working. Using the Russia Longitudinal Monitoring Survey...

The welfare system has long been criticized for its incentives against marriage. This paper examines one way in which welfare actually may keep families together: the fact that benefits increase with family size may encourage teenagers to stay in welfare-recipient households. Welfare benefit incentives affecting coresidence are twofold: (i) a parent loses benefits if a child leaves the househol...

While tissue culture (TC) technology for vegetative plant propagation is gradually gaining in importance in Africa, rigorous ex post assessments of welfare effects for smallholder farm households is lacking. Using recent survey data and accounting for self-selection in technology adoption, we analyze the impacts of TC banana technology on household income and food security in Kenya. To assess f...