Showing 1 - 10 of 175
We use 1995, 2002 and 2013 CHIP data to investigate the urban household consumption expenditure inequality. The overall … inequality of urban household consumption expenditure measured by Gini coefficient slightly decreases from 0.33 in 1995 to 0 …, the percentile ratio of p90/p10 shows that consumption inequality increases all the time. Besides, the inequality of basic …
Persistent link: https://www.econbiz.de/10011762218
terms of both consumption and leisure time. Drawing on household panel data in rural Mexico, I find that migration increases … non-migrants' consumption, but that this consumption gain cannot be explained by labor supply adjustments. Migration …
Persistent link: https://www.econbiz.de/10011572022
We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … collective households with consumption technologies that define the public and private nature of expenditures through Barten … scales. Our method recovers the technology by solely exploiting preference information revealed by households' consumption …
Persistent link: https://www.econbiz.de/10011543531
in a model with non-durable and durable consumption. The stock of the durable is exposed to risk against which households …-durable consumption. Introducing labor income risk into the model does not necessarily increase the importance of market insurance if the …
Persistent link: https://www.econbiz.de/10011414203
In this paper we study the relevance and mechanics of consumption network effects. We use long panel data on the entire … Danish population to construct a measure of consumption based on administrative tax records, and define the peer groups in …
Persistent link: https://www.econbiz.de/10011484599
state utility function--utility with a single argument, consumption plus monetized leisure. The monetized leisure model is … that leisure and consumption be substitutes (the cross-derivative of consumption and leisure be negative) and (ii) the … an open question. The rich empirical literature on the "retirement consumption paradox" suggests that the rate is below …
Persistent link: https://www.econbiz.de/10011455570
This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house …, observed in the Household Finance and Consumption Survey (HFCS) for these countries. We then show that the heterogeneity in … household finances implies that responses of consumption to changes in the real interest rate and in house prices differ …
Persistent link: https://www.econbiz.de/10012133482
We examine the effects of monetary policy on household self-assessed financial stress and durable consumption using … savers. We find symmetric effects on durable consumption, mainly driven by mortgagors with high debt burden or limited access …
Persistent link: https://www.econbiz.de/10012019231
This paper explores the impact of the 2007 EU enlargement on the consumption behavior of immigrant households. Using … data from a unique Italian survey and a diff-in-diff approach, we find that the enlargement induced a consumption increase … increase in documented immigrants' consumption. …
Persistent link: https://www.econbiz.de/10012119551
This paper revisits the standard model of labor supply under two additional assumptions: consumption requires time and … utility at the optimum and above a critical wage level it converts into a pure consumption good. Their labor-supply curve is …
Persistent link: https://www.econbiz.de/10011607470