Income Pooling between Australian Young Adults and Their Parents

Breunig, Robert; McKibbin, Rebecca

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Income Pooling between Australian Young Adults and Their Parents

Date

2012

Authors

Breunig, Robert

McKibbin, Rebecca

Publisher

Wiley-Blackwell

Abstract

We test whether young adults who co-reside with their parents derive influence over household-level expenditure by earning income. We propose a new variant of the Engel curve consistent with the Quadratic Almost Ideal Demand System, which allows a simple