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The aim of this paper is to describe in details the methodology used to construct the apparent consumption indicators of industrial goods in the Brazilian economy - defined as domestic production plus imports minus exports - and report the results. This indicator is important in view of the...
Persistent link: https://www.econbiz.de/10011372135
Understand the evolution of the size and allocation of household savings throughout the life cycle is of fundamental importance in the design of public policies. In this sense, durable goods expenditure cannot be ignored as it is an important form of savings with significant participation in...
Persistent link: https://www.econbiz.de/10011372137
With data from the Household Budget Survey of 2008-2009, the study investigates the demographic and socioeconomic determinants of saving rate of Brazilian families in the recent past. The main results are consistent with the predictions of the theory of life / permanent income cycle, properly...
Persistent link: https://www.econbiz.de/10011372143
The paper investigates the demographic and socioeconomic determinants of aggregate savings rate of Brazilian families in the recent past. The main results are consistent with the predictions of the theory of the cycle of life/permanent income, properly extended to incorporate institutional and...
Persistent link: https://www.econbiz.de/10011372241
With data from the Consumer Expenditure Survey of 2008-2209, the work assesses empirically the implications of the theory of life/permanent income for the behavior of the trajectories of consumption and savings rate of Brazilian families in the life cycle. The objective is to test the validity...
Persistent link: https://www.econbiz.de/10011372331
This paper presents new econometric specifications for the quarterly behavior of the aggregate consumption of Brazilian households in the 1995-2009 period. It is argued, in particular, that the use of quarterly measures of both private disposable income (in chained 1995 prices) and the credit...
Persistent link: https://www.econbiz.de/10010330749