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National and international income dispersion and aggregate expenditures

Fillat Castejón, Carmen; Francois, Joseph F. - 2004

consumption-pattern based inequality index that summarizes the projection of inequality through expenditure patterns. Estimation …

Persistent link: https://www.econbiz.de/10011338007

A meta-analysis of the price elasticity of gasoline demand : a system of equations approach

Brons, Martijn; Nijkamp, Peter; Pels, Eric; Rietveld, Piet - 2006

relationship between the elasticities to develop a meta-analytical estimation approach based on a system of equations. This …

Persistent link: https://www.econbiz.de/10011350380

Substitution between cars within the household

De Borger, Bruno L.; Mulalic, Ismir; Rouwendal, Jan - 2013

In this paper we study the demand for car kilometres in two-car households, focusing on the substitution between cars in response to fuel price changes. We use a large sample of detailed Danish data on two-car households to estimate -- for each car owned by the household -- own and cross-price...

Persistent link: https://www.econbiz.de/10010224824

Risk and loss aversion, price uncertainty and the implications for consumer search

Soetevent, Adriaan R.; Bruzikas, Tadas - 2016

Do the choices of consumers who search for a product's best price exhibit risk neutral, risk averse or loss averse risk … pay for continued search and the level of price uncertainty depends on her risk preferences. Independent of the current … best price, an increase in price uncertainty encourages continued search when consumers are risk neutral. However, we prove …

Persistent link: https://www.econbiz.de/10011520488

Advance information and consumption insurance : evidence from panel data

Pedroni, Marcelo; Singh, Swapnil; Stoltenberg, Christian - 2022 - Preliminary, April 15, 2022

incomplete markets model and find that advance information reduces households' income forecast errors by 15%. Our estimation …

Persistent link: https://www.econbiz.de/10013186823

The stickiness of aggregate consumption growth in OECD countries : a panel data analysis

Everaert, Gerdie; Pozzi, Lorenzo - 2011

simulations. The estimation results support the labour-consumption complementarity hypothesis but not the other forms of …

Persistent link: https://www.econbiz.de/10011380726

Price elasticities of meat, fish and plant-based meat substitutes : evidence from store-level Dutch supermarket scanner data

Liu, Zhaoxin; Ansink, Erik - 2024

Reducing meat consumption has become a global policy target due to rising environmental, health, and animal welfare concerns. We provide novel evidence on how price change in real life affects grocery shopping behavior in the Netherlands. We focus on price-induced behavioral response among major...

Persistent link: https://www.econbiz.de/10014577918

National and international income dispersion and aggregate expenditures

Fillat Castejón, Carmen; Francois, Joseph F. - 2004

Persistent link: https://www.econbiz.de/10002200723

A dynamic utility maximization model for product category consumption

Oest, Rutger van; Franses, Philip Hans; Paap, Richard - 2002

It is conceivable that the whether to buy and how much tobuy decisions in the purchasing process of households areinfluenced by the inventory process. In this paper we thereforeput forward a model for consumption, where we rely on establishedeconomic theory. We incorporate this model in a model...

Persistent link: https://www.econbiz.de/10011327525

Idiosyncratic labour income risk and aggregate consumption : an unobserved component approach

Pozzi, Lorenzo - 2007

We investigate the importance of aggregate and consumer-specific or idiosyncratic labour income risk for aggregate … consumption changes in the US over the period 1952-2001. Theoretically, the effect of labour income risk on consumption changes is … decomposed into an aggregate and into an idiosyncratic part. Empirically, aggregate risk is modelled through a GARCH process on …

Persistent link: https://www.econbiz.de/10011372981