This article examines the role of family and the state in relation to theliving standards of the elderly in East Asia. It tries to test whetherfamilial arrangement according to Confucian ethics, which are still takenseriously in East Asia, secures the minimum standards of living for theelderly....

What is the origin and essence of fashion? This question has engaged scholars of various disciplines over the past decades, most of whom approach this subject with a Western or European focus. This paper argues instead that Asia was also pivotal in the articulation of the fashion system in...

This paper introduces various sources of consumer heterogeneity in one-sector representative consumer (RC) growth models and develops tools to study the evolution of the distribution of consumptions, assets and incomes.[...]

This paper specifies and estimates a structural dynamic model of consumer demand for newand used durable goods. Its primary contribution is to provide an explicit estimationprocedure for transaction costs, which are crucial to capturing the dynamic nature ofconsumer decisions. In particular,...

[...]This study is the first formal investigation ofconsumer attitudes that compares the forecasting power ofthe University of Michigan’s Index of Consumer Sentimentand the Conference Board’s Consumer Confidence Index.We begin with a background analysis of structural differencesbetween the...

This paper develops data on the history of wages and prices in Beijing, Canton, Suzhou/Shanghai in China from the eighteenth century to the twentieth and compare them with leading cities in Europe, Japan and India in terms of nominal wages, the cost of living, and the standard of living. In the...

This article mobilizes and integrates both existing and new time series data on real wages, physical heights and age-heaping to examine the long-term trend of living standards and human capital for China during the eighteenth to twentieth centuries. Our findings confirm the existence of a...

This paper considers the 1990s in the context of long run economic growth performance. Growth in the context of this paper should be understood to comprise the growth of real living standards as well as real GDP per person. There were a number of new experiences during the decade that were...

This paper examines the impact of the transition from a planned toa market economy on living standards and welfare in the fiveRepublics of former Soviet Central Asia – Kazakhstan, Kyrgyzstan,Tajikistan, Turkmenistan and Uzbekistan, along with the Republicof Azerbaijan. A broad definition of...

This report summarises presentations and discussion at a conference on ‘New Cycles ofDisadvantage’ organised by CASE on behalf of the Economic and Social Research Councilfor the Treasury and other central government departments. It took place at Stoke RochfordHall near Grantham on 27-28...