Showing 1 - 10 of 12
What was the role of consumption structure evolution in the industrialization phases of the Western world since the 18 … consumption structure evolution and establish a plausible link between consumption structure evolutions and industrial revolutions … consumption habits evolution in the schumpeterian growth process. Finally, we show that consumption habits evolutions can be …
Persistent link: https://www.econbiz.de/10008793635
The principle of conditional convergence, in growth theory, fails to explain growth paths that are durably divergent among countries having similar structural characteristics (same rates of investment, of capitaldepreciation, of demographic growth, and similar access to technologies and...
Persistent link: https://www.econbiz.de/10008794221
We empirically study how the underlying riskiness of the pool of home equity line of credit originations is affected over the credit cycle. Drawing from the largest existing database of U.S. home equity lines of credit, we use county-level aggregates of these loans to estimate panel regressions...
Persistent link: https://www.econbiz.de/10011092716
We investigate the effects of demographics, household expenditure and female employment on the allocation of household expenditure to consumer goods. For this purpose we estimate an Almost Ideal Demand System based on Dutch micro data. We find that interactions between household expenditure and...
Persistent link: https://www.econbiz.de/10011092796
collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The … same non-testability conclusion holds for privateness (with or without externalities) or publicness of consumption. By …
Persistent link: https://www.econbiz.de/10011092805
Risk premia in the consumption capital asset pricing model depend on preferences and dividend. We develop a … of a preference-based stochastic discount factor for pricing assets with respect to the consumption innovation. Depending … individual consumption. …
Persistent link: https://www.econbiz.de/10011090587
which production and consumption bundles are treated separately. Each of the two types of bundles is assumed to establish a …
Persistent link: https://www.econbiz.de/10011090609
Persistent link: https://www.econbiz.de/10011090995
-ended question on the amount of total family consumption - with follow-up unfolding brackets (of the form: is consumption $X or more …
Persistent link: https://www.econbiz.de/10011091759
Persistent link: https://www.econbiz.de/10011091769