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We consider the life cycle choices of a household that in each period decides how much to consume and how to allocate …, spouses' wages, hours of work, and time spent with children to estimate the sensitivity of consumption and time allocation to … transitory and permanent wage shocks. These structural parameters describe the ability of household to self-insure in response to …
Persistent link: https://www.econbiz.de/10012930924
Children are seldom accounted for in household behavioural models. They are usually assumed to have neither the … children through the "caring preferences" of their parents or has treated them as household public goods [Bourguignon (1999 … capacity nor the power to influence the household decision process. The literature on collective models has so far incorporated …
Persistent link: https://www.econbiz.de/10013324942
Engel curves to investigate household expenditure patterns while controlling for household characteristics and find that FHH … spend significantly more money on the welfare of children and less on consumption of adult goods. In an attempt to explain … persons lacking the financial means to rely on themselves during old-age invest more in children who care for them in later …
Persistent link: https://www.econbiz.de/10012765306
With the development of household budget systems and with regard to the requirements of the European Union with new EU … particular the reconstruction of household budget surveys should deliver yearly results as well multi-annual sufficient large … sectional cumulation of five yearly Continuous Household Budget Surveys (Laufende Wirtschaftsrechnungen, LWR) which will be …
Persistent link: https://www.econbiz.de/10013139959
that this effect is stronger for poorer households within villages. Household income per capita and non-durable consumption … the household. In examining the effect of migration, we pay considerable attention to motivating, developing and …
Persistent link: https://www.econbiz.de/10013065314
Earlier literature has investigated the drop in household consumption upon retirement of the head of the household, the … approach to estimate the effect of each partner's retirement on household consumption. We use for the analysis data drawn from …
Persistent link: https://www.econbiz.de/10013073440
households affected by such programs. We analyze the impact of the Texas Enterprise Zone Program on household debt and … delinquency. Specifically, we utilize detailed information on all household liabilities, delinquencies, and credit scores from the …
Persistent link: https://www.econbiz.de/10013001345
Using British panel data, we explore the finding that households often expect theirÂ…financial position to remain unchanged compared to other alternatives, using a generalised middle inflated ordered probit (GMIOP) model. In doing so we account for the tendency of individuals to choose...
Persistent link: https://www.econbiz.de/10012839066
women, childless couples and couples with children.The inclusion of personality traits among demographic shifters helps to … likely to spend household resources on culture, and their joint consumption of such goods may be a potential reason for their …
Persistent link: https://www.econbiz.de/10012908890
We implement a survey of Dutch households in which random subsets of respondents receive information about inflation. The resulting exogenously generated variation in inflation expectations is used to assess how expectations affect subsequent monthly consumption decisions relative to those in a...
Persistent link: https://www.econbiz.de/10012864876