Showing 1 - 10 of 23
This paper studies the determinants of partnership dissolution and focuses on the role of child support. We exploit the variation in child support liabilities driven by an important UK policy reform to separately identify the effects of children from the effect of child support liability. We...
Persistent link: https://www.econbiz.de/10005509514
<p><p><p><p><p><p>In this research, funded by the Nuffield Foundation, we merge detailed household level expenditure data from older households with historical local weather information. We then test for a heat or eat trade off: do households cut back on food spending to finance the additional cost of keeping...</p></p></p></p></p></p>
Persistent link: https://www.econbiz.de/10009132494
<p><p>Standard economic theory implies that the labelling of cash transfers or cash-equivalents (e.g. child benefits, food stamps) should have no effect on spending patterns. The empirical literature to date does not contradict this proposition. We study the UK Winter Fuel Payment (WFP), a cash...</p></p>
Persistent link: https://www.econbiz.de/10009132495
This paper presents an hedonic model of the price of a sample of new cars available in the UK during the period 1986 to 1995. It overcomes the problem of collinearity in the characteristics data by grouping them on a priori grounds and then using principal components analysis to generate group...
Persistent link: https://www.econbiz.de/10005509443
This paper uses revealed preference restrictions and nonparametric statistical methods to bound true cost-of-living indices. These are compared to the popular price indices including the type used to calculated the UK RPI. This is used to assess the method of calculating the RPI for substitution...
Persistent link: https://www.econbiz.de/10005509505
This paper presents a revealed preference method for calculating a lower bound on the virtual price of new goods and suggests a way to improve these bounds by using non-parametric expansion paths. This allows the calculation of cost-of-living and price indices when the number of goods changes...
Persistent link: https://www.econbiz.de/10005227022
Does money matter? When investigating health behaviour, research often finds a strong positive association between income and healthy behaviour. This could however be due to individual characteristics that determine both income and health investment and is not necessarily due to the role of...
Persistent link: https://www.econbiz.de/10005037514
Over much of the past 25 years, the cycles of house price and consumption growth have been closely synchronised. Three main hypotheses for this co-movement have been proposed in the literature. First, that an increase in house prices raises households' wealth, particularly for those in a...
Persistent link: https://www.econbiz.de/10005037537
Household composition can be expected to affect the allocation of household expenditure among goods, at the very least because of economies of scale as household size increases and because different people have different needs (adults versus children, for example). Specifying demographic effects...
Persistent link: https://www.econbiz.de/10005811425
In this paper we model the changing distribution of household spending in the UK over the period 1978 to 1999 and explore the interpretation of remaining time trends in spending once changes in other observed covariates have been accounted for.
Persistent link: https://www.econbiz.de/10005727566