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MRS. GANDHI GAVE NEW ECONOMIC APPROACHES
SUBRAMANIAM, DR. VSR. - EconWPA - 2004
Plenty of food, Sufficient clothing, Proper monitoring of the Key Socio- Economic factors, with commitment to Domestic Productivity were the Essence of the Administrative strategy of Mrs. Indira Gandhi (Late Prime Minister of India). These approaches could be critically related to the remarkable...
Persistent link: https://www.econbiz.de/10005076600
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Intra-household Work Time Synchronization
Klaveren, Chris van; Brink, Henriette Maassen van den - EconWPA - 2005
If partners derive utility from joint leisure time, it is expected that they will coordinate their work schedules in order to increase the amount of joint leisure time. This paper tries to answer three questions using a new matching procedure where couples are matched to other couples. (1) Do...
Persistent link: https://www.econbiz.de/10005556767
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Estimating and testing preferences for consumption, work hours and savings using the PSID, the profit function and the true dynamic budget constraint
Chin, William - EconWPA - 2003
Five waves of the Panel Study of Income Dynamics (PSID), 1985-1989 including both wealth supplements, are used to construct an intertemporal budget constraint for selected single headed households. A new functional form of the dual consumer profit function rationalizing consumption, labor supply...
Persistent link: https://www.econbiz.de/10005561778
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Is there a Daily Discount Rate? Evidence from the Food Stamp Nutrition Cycle
Shapiro, Jesse M. - EconWPA - 2003
A central prediction of the quasi-hyperbolic model of time preference is that consumers will be impatient over short-run tradeoffs. I present the first nonlaboratory test of this implication using data on the nutritional intake of food stamp recipients. Caloric intake declines by 10 to 15...
Persistent link: https://www.econbiz.de/10005561782
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Influence of Brand Name in Variety Seeking Behavior of Consumers: An Empirical Analysis
Rajagopal - EconWPA - 2005
The variety-seeking behavior and the brand choice among the consumers have been discussed extensively in the previous research contributions from the stochastic point of view. This study argues that although consumers are seeking novelty and unexpectedness in a brand that they have not bought...
Persistent link: https://www.econbiz.de/10005561847
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Estimating and testing intertemporal preferences: A unified framework for consumption, work and savings
Chin, William - EconWPA - 2004
Five waves of the Panel Study of Income Dynamics (PSID), 1985-1989 including both wealth supplements, are used to construct an intertemporal budget constraint for selected single headed households. A new functional form of the dual consumer profit function rationalizing consumption, labor supply...
Persistent link: https://www.econbiz.de/10005125687
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Consumption Patterns over Pay Periods
Kelly, Clare; Lanot, Gauthier - EconWPA - 2002
This paper establishes a theoretical framework to characterise the optimal behaviour of individuals who receive income periodically but make consumption decisions on a more frequent basis. The model incorporates price uncertainty and imperfect credit markets. The simulated numerical solution to...
Persistent link: https://www.econbiz.de/10005135011
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Theoretical Aspects of Retirement Decisions
Verbic, Miroslav - EconWPA - 2002
Paper presents a survey of five different approaches to retirement decision analysis. Simple life cycle labour supply model leads to a classical optimization problem of choice between work and leisure, but it is highly limited in explaining retirement decision as a static approach. Comparative...
Persistent link: https://www.econbiz.de/10005135080
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ISH: Hacia una Medida de la Satisfacción de los Hogares desde el Punto de Vista de la Oferta de Trabajo.
Marcelo, Darwin; Villa, Juan Miguel - EconWPA - 2004
El estudio de las preferencias es uno de los temas menos tratados por la econometría aplicada. En el presente artículo se pretende realizar una aproximación translogarítimica de las preferencias por medio de la construcción de un Índice de Satisfacción de los Hogares (ISH) con base al...
Persistent link: https://www.econbiz.de/10005076523
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Consumption Inequality and Intra-Household Allocations
Lise, Jeremy; Seitz, Shannon - EconWPA - 2005
the assumption that there is no within household inequality. In this paper, we show that ignoring consumption inequality … households. Second, the rise in inequality since the 1970s is overstated by two-thirds: within house-hold inequality declined … on wages and hours worked can simultaneously explain virtually all of the decline in within household inequality and a …
Persistent link: https://www.econbiz.de/10005556802