Showing 1 - 10 of 26
between 2004 and 2008, and that a significant proportion of households had to adjust food consumption in response.  Regression …
Persistent link: https://www.econbiz.de/10011004340
this industrious revolution using a model of labour supply where consumption takes time.  This analytical framework enables ….  This formulation clarifies the importance of new consumption opportunities in driving hours worked. …
Persistent link: https://www.econbiz.de/10011004373
modelling framework for analysing the household flow of funds jointly with consumption.  The consumption function incorporates … consumption and housing purchase decisions jointly with portfolio decisions, there is much to be gained in modelling a household …
Persistent link: https://www.econbiz.de/10011004428
house prices on consumption documented in two papers using the same data set for the UK.  On the one hand, Campbell and … prices have the same impact on consumption across age groups, consistent with the so-called common factor hypothesis.  We … rule out that changes in the sample period, the definition of consumption, the data source, the type of price deflator, and …
Persistent link: https://www.econbiz.de/10009393851
There is widespread disagreement about the role of housing wealth in explaining consumption.  This paper exploits … authors, to explain fluctuations in the ratios of consumption and household debt to income in South Africa, from 1971 to 2005 … variable with key interactions with drivers of consumption and debt.  Credit conditions are proxied by a spline function …
Persistent link: https://www.econbiz.de/10009364585
A generalized version of the capital management problem posed in a classic paper by R.H. Strotz is analyzed for the case of the naive planner who fails to anticipate any impending change in his own preferences. By imposing progressively stronger restrictions on the primitive of the problem -...
Persistent link: https://www.econbiz.de/10010604824
The paper analyses household money demand and consumption. Variables that measure shortage and expectations about its … consumption. …
Persistent link: https://www.econbiz.de/10010605158
Evidence from several countries reveals a substantial drop in household consumption around retirement age that some … panel survey, we find no evidence of a consumption-retirement puzzle in Spain for the period of 1985-2004.  However, we find …
Persistent link: https://www.econbiz.de/10008489378
A stable, long run consumption equation is estimated for Australia using quarterly data from 1977(2) to 2008(2). The …-2008, the log consumption to income ratio rose by around 14 percentage points. The relaxation of households' downpayment and … collateral constraints together boosted the log consumption to income ratio by about 31 percentage points, given the rise in …
Persistent link: https://www.econbiz.de/10008494397
This paper estimates a model of retail oligopoly where consumers choose between stores using consumer data which specifies the firm operating the chosen store and not the specific store (as is convenient practice for retail surveys). The location and other characteristics of the stores are...
Persistent link: https://www.econbiz.de/10005090617