Showing 1 - 10 of 60
A recent surge of literature on tax salience has included studies that use tax type as a proxy for salience.  The relationship between tax type and salience is not always apparent, however, nor is salience the only feature by which taxes differ.  In fact, taxes' behaviour over time suggests an...
Persistent link: https://www.econbiz.de/10011115590
When consumers are forward-looking with respect to their demand for a habit-forming good, traditional measures of price elasticity are misleading.  In particular, such measures will underestimate sensitivity to long-run shifts - and therefore underestimate the potential effect of policy...
Persistent link: https://www.econbiz.de/10011004294
This paper develops a revealed preference methodology for exploring whether time inconsistencies in household choice are the product of nonstationarities at the individual level or the result of individual heterogeneity and renegotiation within the collective unit.  An empirical application to...
Persistent link: https://www.econbiz.de/10011004129
India's development experience over the past fifty years suggests that the increasing importance of the services sector deserves analysis.  The literature on structural change has emphasised changing patterns of demand as an explanation for the increasing importance of the services sector.  In...
Persistent link: https://www.econbiz.de/10011004136
We identify necessary and sufficient conditions under which a finite data set of price vectors and consumption bundles can be rationalized by a weakly separable utility function.  Our result could be understood as a generalization of Afriat's Theorem.
Persistent link: https://www.econbiz.de/10011004141
This paper provides a causal reason for failure in productive efficiency in the household and explains why some households may be less efficient than others.  In the theoretical model, spouses make labour allocation decisions in each period to generate income, facing a threat of divorce in the...
Persistent link: https://www.econbiz.de/10011004148
Consider a finite data set of price vectors and consumption bundles; under what conditions will there be a weakly separable utlity function that rationalizes the data?  This paper shows that rationalization in this sense is possible if and only if there exists a preference order on some finite...
Persistent link: https://www.econbiz.de/10011004216
We use survey data to investigate how urban households in Ethiopia coped with the food price shock in 2008 and idiosyncratic shocks.  Qualitative data indicate that the high food price inflation was by far the most adverse economic shock between 2004 and 2008, and that a significant proportion...
Persistent link: https://www.econbiz.de/10011004340
This paper examines the motivation for intergenerational transfers between adult children and their parents, and the nature of preferences for such giving behaviour, in an experimental setting.  Participants in our experiment play a series of dictator games with parents and strangers, in which...
Persistent link: https://www.econbiz.de/10011004391
It is universally accepted that children have important effects on household demand patterns. This is usually attributed to the direct effect of children; for example children are food intensive. Alternative inferences are that the observed correlations between children and demand patterns are...
Persistent link: https://www.econbiz.de/10010604812