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in the Netherlands, and contains information on teenage time use, income, expenditures, and subjective measures of well … social interactions. For some types of behavior (e.g. truancy, smoking, pocket money, alcohol expenditures) endogenous social …
Persistent link: https://www.econbiz.de/10013319634
Persistent link: https://www.econbiz.de/10001829708
from the visibility of consumer expenditures. We outline a stylized conspicuous consumption model where income elasticity …-based measure of expenditure visibility, ranking different expenditures by how noticeable they are to others. Finally, we show that …
Persistent link: https://www.econbiz.de/10012753874
We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices. This allows us to combine appealing Engel curve specifications with a model of unit value determination in a way which is consistent with demand...
Persistent link: https://www.econbiz.de/10013428112
Many budget surveys present the interesting features that for a wide range of goods they contain quantity information along with expenditure information, and that the geographical location of households is fairly precise. We take advantage of these features to develop a method for estimation of...
Persistent link: https://www.econbiz.de/10011449002
This paper studies whether pro-environmental consumption choices are consistent with utility maximization and what role the consumption behavior of reference persons and one's own past behavior play in this context. By combining data on individuals' pro-environmental consumption from a unique...
Persistent link: https://www.econbiz.de/10010442764
We demonstrate that interpersonal comparisons lead to "keeping up with the Joneses"-behavior. Using annual household data from the German Socio-Economic Panel, we estimate the causal effect of changes in reference consumption, defined as the consumption level of all households who are perceived...
Persistent link: https://www.econbiz.de/10010190171
We propose a method to quantify other-regarding preferences in group decisions. Our method is based on revealed preference theory. It measures willingness-to- pay for others’ consumption and willingness-to-pay for equality in consumption by evaluating consumption externalities in monetary...
Persistent link: https://www.econbiz.de/10011801805
. The data contains detailed information about the spouses' time use and the intrahousehold allocation of all expenditures …
Persistent link: https://www.econbiz.de/10009007801
. The data contains detailed information about the spouses' time use and the intrahousehold allocation of all expenditures …
Persistent link: https://www.econbiz.de/10013132874