PhD Economics, Université libre de Bruxelles, 2017
MA Economics (grande distinction), Université libre de Bruxelles, 2012
BSc Mathematics, Universität Hamburg 2010
Alex Wolf joined the IFS in 2017 as a Postdoctoral Research Fellow working on demand. His research is in intra-household allocations and focusses in particular on finding ways to estimate these reliably from expenditure data.
Estimating household resource shares: A shrinkage approach
| Journal Article
Collective models identifying resource shares are promising tools to analyze intra-household welfare and poverty. However, their empirical application has proven difficult in practice as authors contend with large standard errors and unstable estimates. This paper uses a prominent framework to show how a common feature of the structure of these models makes the task so difficult and proposes an empirical strategy to stabilize the estimates.