Allocation of Income within the Household
Language: English
Published by University of Chicago Press, 1988
- Hardcover
- Used
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Seller Inventory # S_463727119
- Title
- Allocation of Income within the Household
- Author
- Michael, Robert T.,Lazear, Edward P.
- Publisher
- University of Chicago Press
- Publication year
- 1988
- Condition
- Good
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0226469662
- ISBN 13
- 9780226469669
Lazear and Michael also explore the implications their study may hold for the process of determining child support payments in households that dissolve. They argue that, unless the spending of every dollar can be monitored, alimony cannot be disentangled from child support. They also develop several criteria by which income might be distributed among family members, and, using one of those criteria, they present a series of tables that suggest the appropriate payment from one parent to another given family size, structure, and income level. Their model is particularly useful because it takes account of the ways other family members who were not part of the original household may contribute income to the new household. Other issues considered include the appropriate way to deal with children with special needs and the timing of transfer payments.
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