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Persistent link: https://www.econbiz.de/10008752457
Household-level data on consumer expenditures underpins a wide range of empirical research in modern economics, spanning micro- and macroeconomics. This research includes work on consumption and saving, on poverty and inequality, and on risk sharing and insurance. We review different ways in...
Persistent link: https://www.econbiz.de/10010759932
We investigate the life cycle patterns of households' spending on medium value durables. We use panel data on expenditures on appliances and consumer electronics the British Household Panel Study between 1997 and 2008. In cross section, expenditures for appliances and consumer electronics...
Persistent link: https://www.econbiz.de/10010550681
Persistent link: https://www.econbiz.de/10004999898
We present theoretical and empirical results on consumption during an unemployment spell. The theory model extends the conventional intertemporal allocation model to take explicit account of the fact that households buy clothing and small durable goods (such as pillows and plates) that are...
Persistent link: https://www.econbiz.de/10005763245
We use a survey of unemployed people to examine how a job loss impacts on household expenditures. The principle focus is on the effect of the level of income replacement provided by Unemployment Insurance. We restrict attention to a sub-sample of respondents who are still in their first spell of...
Persistent link: https://www.econbiz.de/10005763357
A principal motivation for Unemployment Insurance (UI) schemes is to support consumption smoothing. The magnitude of the consumption smoothing benefits of UI depend on the extent to which households are liquidity constrained. We use a survey of unemployed people to examine how a job loss impacts...
Persistent link: https://www.econbiz.de/10005404374
We use a Canadian survey of the unemployment to examine how household expenditures after a job loss respond to the level of income replacement provided by UI.
Persistent link: https://www.econbiz.de/10005032809
<p><p>1. Survey responses are always subject to measurement error. In general surveys (and especially longitudinal surveys), there are severe constraints on the time that can be spent eliciting a less noisy response for any target variable. In this paper we consider when it may be better to consider...</p></p>
Persistent link: https://www.econbiz.de/10005037508
Household-level data on consumer expenditures underpins a wide range of empirical research in modern economics, spanning micro- and macroeconomics. This research includes work on consumption and saving, on poverty and inequality, and on risk sharing and insurance. We review different ways in...
Persistent link: https://www.econbiz.de/10010397763