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expenditure patterns of school-age children. We estimate a Quadratic Almost Ideal Demand System, and find that, whilst most … commodities are normal goods, sweets and toys are luxury items for children. Children of lone parents have lower budget shares for … suggesting that children mimic their parent's expenditure patterns. …
Persistent link: https://www.econbiz.de/10001642971
expenditure patterns of school-age children. We estimate a Quadratic Almost Ideal Demand System, and find that, whilst most … commodities are normal goods, sweets and toys are luxury items for children. Children of lone parents have lower budget shares for … suggesting that children mimic their parent's expenditure patterns. …
Persistent link: https://www.econbiz.de/10011404134
primarily changes income and expenditure patterns, widowhood fundamentally changes the structure of the household. Beside high … consumption are lost. This paper applies the Lewbel and Pendakur (2008) collective household model to expenditure data on elderly … households in Switzerland. The findings suggest that between 40 and 50% of household resources are assigned to wives and both …
Persistent link: https://www.econbiz.de/10010486913
This paper finds declining consumption expenditure between paydays, for a typical household in the working population …
Persistent link: https://www.econbiz.de/10013318839
In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set of behaviours which are thought to influence health and are generally considered to invoke a substantial degree of free choice. The main underlying assumption is that...
Persistent link: https://www.econbiz.de/10011308440
In this paper we look at the relationship between health and income as mediated by “lifestyle” choices; that is, a set of behaviours which are thought to influence health and are generally considered to invoke a substantial degree of free choice. The main underlying assumption is that...
Persistent link: https://www.econbiz.de/10013016232
I study the effects of borrowing and liquidity constraints on the response of consumption toanticipated income changes. Using the PSID over 1999–2013, I find that the well-documentedstrong excess sensitivity of consumption to income of highly constrained households can beexplained by episodes...
Persistent link: https://www.econbiz.de/10013231872
differences in the prices paid for the same product and differences in the household-specific variety choice within a category … household behaviour, a significant and time-varying inflation difference between income groups emerges. Substitution is strongly … behaviour-driven and largely detached from the relative price. The dispersion of the household-level elasticity of substitution …
Persistent link: https://www.econbiz.de/10014484471
system (QUAIDS) model controlling also for total expenditure on food, region of residence, household size, age of head of … household, whether women are working, number of time in which the household buys ready food, household type and income quartiles …
Persistent link: https://www.econbiz.de/10010251127
overestimates the mean of individual elasticities for many commodity groups. -- household demand ; aggregation ; heterogeneity …
Persistent link: https://www.econbiz.de/10003576485