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, labour supply, consumption and savings, household production, and intra-household allocation. As for the empirical papers …
Persistent link: https://www.econbiz.de/10011946430
spending on consumer spending. Our consumption data come from household-level retail purchases in the Nielsen scanner data and … local non-durable consumer spending by $0.29 and local auto spending by $0.09. We translate the regional consumption … our incomplete markets model from models with complete markets. At the zero lower bound, the aggregate consumption …
Persistent link: https://www.econbiz.de/10013187650
Persistent link: https://www.econbiz.de/10001945759
, food, textiles and transport, communication and utilities), changes in private consumption were the dominant force behind …
Persistent link: https://www.econbiz.de/10012130126
, but not twice as much due to the economies of scale in consumption. In this study, we ask whether it is appropriate to use … a common equivalence scale when comparing economic well-being across countries and/or time if consumption expenditure …
Persistent link: https://www.econbiz.de/10012213964
In this paper, we document that households’ consumption expenditures depend on their expected earnings - even after … relevant for the consumption choices of households in the left tail of the wealth distribution. Furthermore, households with …
Persistent link: https://www.econbiz.de/10013329447
producing human capital. We also demonstrate that this attenuation effect tends to concentrate generational consumption risk … into an i.i.d. generational consumption shock. In other words, each generation bears all of the risk associated with their …
Persistent link: https://www.econbiz.de/10011803190
income shocks to consumption. Log-earnings are the sum of a general Markovian persistent component and a transitory …. Consumption is modeled as an age-dependent nonlinear function of assets and the two earnings components. We establish the … nonparametric identification of the nonlinear earnings process and the consumption policy rule. Exploiting the enhanced consumption …
Persistent link: https://www.econbiz.de/10011336956
This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … between 2010 and 2014 in Belgium, using panel data from the two waves of the Household Finance and Consumption Survey. Unlike … previous studies, we find a negative effect of households' indebtedness on their consumption, even in the absence of negative …
Persistent link: https://www.econbiz.de/10012486606
subcategories such as cereals, or meat and fish, and other consumption categories such as alcohol and tobacco, medical, and … ?consumption expenditure patterns. We find some differences in consumption patterns which relate to differences in gender of …
Persistent link: https://www.econbiz.de/10011339086