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Meghir, Costas; Chiappori, Pierre-André - National Bureau of Economic Research (NBER) - 2014

allocations, can be identified from data on household consumption and labor supply. We also argue that a measure based on …

Persistent link: https://www.econbiz.de/10010780812

The Validity of Consumption Data: Are the Consumer Expenditure Interview and Diary Surveys Informative?

Meyer, Bruce D.; Bee, Adam; Sullivan, James X. - National Bureau of Economic Research (NBER) - 2012

Consumer Price Index weights and is the main source of U.S. consumption microdata. We compare reported spending on a large …. We find that most of the largest categories of consumption are measured well in the Interview Survey as the ratio to the … spending for a consumption category, and a high and increasing fraction of respondents reporting zero for all categories. These …

Persistent link: https://www.econbiz.de/10011271446

Educational Choices, Subjective Expectations, and Credit Constraints

Attanasio, Orazio; Kaufmann, Katja - National Bureau of Economic Research (NBER) - 2009

In this paper we analyze the link between people's "subjective" expectations of returns to schooling and their decision to invest into schooling. We use data from a household survey on Mexican junior and senior high school graduates that elicits their own and their parents' beliefs about future...

Persistent link: https://www.econbiz.de/10005039679

Time is Money: Life Cycle Rational Inertia and Delegation of Investment Management

Mitchell, Olivia; Kim, Hugh Hoikwang; Maurer, Raimond - National Bureau of Economic Research (NBER) - 2013

This paper incorporates two empirically-grounded insights into a dynamic life cycle portfolio choice model: the fact that investors forego the opportunity to accumulate job-specific skills when they spend time managing their own money, and the observation that efficiency in financial decision...

Persistent link: https://www.econbiz.de/10011210995

Measuring Trends in Leisure: The Allocation of Time Over Five Decades

Aguiar, Mark; Hurst, Erik - National Bureau of Economic Research (NBER) - 2006

, the "consumption equivalent" of the increase in leisure is valued at 8 to 9 percent of total 2003 U.S. consumption …

Persistent link: https://www.econbiz.de/10005034910

Risk and Return in Village Economies

Townsend, Robert M.; Samphantharak, Krislert - National Bureau of Economic Research (NBER) - 2013

We present a framework for the study of risk and return of household enterprise in developing economies. We make predictions from two polar benchmarks: (1) an economy with Pareto optimal allocations under full risk sharing, and (2) an economy in which each autarky household absorbs risk in...

Persistent link: https://www.econbiz.de/10010821669

Fertility Theories: Can They Explain the Negative Fertility-Income Relationship?

Jones, Larry E.; Tertilt, Michele; Schoonbroodt, Alice - National Bureau of Economic Research (NBER) - 2008

In this chapter we revisit the relationship between income and fertility. There is overwhelming empirical evidence that fertility is negatively related to income in most countries at most times. Several theories have been proposed in the literature to explain this somewhat puzzling fact. The...

Persistent link: https://www.econbiz.de/10005084746

Early Health Shocks, Intrahousehold Resource Allocation, and Child Outcomes

Zhang, Junsen; Conti, Gabriella; Yi, Junjian; Heckman, … - National Bureau of Economic Research (NBER) - 2014

An open question in the literature is whether families compensate or reinforce the impact of child health shocks. Discussions usually focus on one dimension of child investment. This paper examines multiple dimensions using household survey data on Chinese child twins whose average age is 11. We...

Persistent link: https://www.econbiz.de/10011103509

The Potential use of In-home Scanner Technology for Budget Surveys

Leicester, Andrew - National Bureau of Economic Research (NBER) - 2013

This paper considers the potential role of in-home scanners as a method of data collection for national budget surveys such as the Consumer Expenditure Survey. A detailed comparison is made between scanner data and diary-based budget survey data for food at home in the UK. Levels of recorded...

Persistent link: https://www.econbiz.de/10011271461

Measuring Total Household Spending in a Monthly Internet Survey: Evidence from the American Life Panel

Hurd, Michael D.; Rohwedder, Susann - National Bureau of Economic Research (NBER) - 2012

Beginning in May 2009 we fielded a monthly Internet survey designed to measure total household spending as the aggregate of about 40 spending components. This paper reports on a number of outcomes from 30 waves of data collection. These outcomes include sample attrition, indicators of data...

Persistent link: https://www.econbiz.de/10011271479

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