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Alan, Sule; Atalay, Kadir; Crossley, Thomas F. - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2013

fraction of their income. The major difficulty in empirically assessing the relationship between incomes and saving rates is to … construct a credible proxy for long-run income – purged of transitory fluctuations and measurement error. The Canadian Family … reliable long-run income proxies. Our empirical analysis suggests that the estimated relationship between saving rates and long …

Persistent link: https://www.econbiz.de/10010656025

Job Loss, Credit Constraints, and Consumption Growth

Crossley, Thomas F.; Low, Hamish W. - In: The Review of Economics and Statistics 96 (2014) 5, pp. 876-884

unconstrained and are able to borrow if needed, consumption responds to transitory income. …

Persistent link: https://www.econbiz.de/10011096891

Do the Rich Save More in Canada?

Alan, Sule; Atalay, Kadir; Crossley, Thomas F. - 2013

fraction of their income. The major difficulty in empirically assessing the relationship between incomes and saving rates is to … construct a credible proxy for long-run income - purged of transitory fluctuations and measurement error. The Canadian Family … reliable long-run income proxies. Our empirical analysis suggests that the estimated relationship between saving rates and long …

Persistent link: https://www.econbiz.de/10010500251

Household Consumption Through Recent Recessions

Crossley, Thomas F.; Low, Hamish; Cormac O’Dea - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2011

This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK. The ‘Great Recession’ has been different from those that occurred in the 1980s and 1990s. It has been both deeper and longer, but also the composition of the cutbacks in...

Persistent link: https://www.econbiz.de/10009368410

Job Loss, Credit Constraints and Consumption Growth

Crossley, Thomas F. - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2011

who are currently unconstrained and who are able to borrow if needed, consumption responds to transitory income. …

Persistent link: https://www.econbiz.de/10009371665

Do Consumers Gamble to Convexify?

Crossley, Thomas F.; Low, Hamish; Smith, Sarah - İktisat Bölümü, İktisadi ve İdari Bilimler Fakültesi - 2013

gamble to have a chance of crossing a purchasing threshold. One implication of this is that income effects for individuals … windfalls and durable goods purchases, we show that winners display higher income effects than non-winners but only amongst …

Persistent link: https://www.econbiz.de/10010667314

Cash by any other name? Evidence on labeling from the UK Winter Fuel Payment

Beatty, Timothy K.M.; Blow, Laura; Crossley, Thomas F.; … - In: Journal of Public Economics 118 (2014) C, pp. 86-96

Government transfers to individuals are often given labels indicating that they are designed to support the consumption of particular goods. Standard economic theory implies that the labeling of cash transfers or cash-equivalents should have no effect on spending patterns. We study the UK Winter...

Persistent link: https://www.econbiz.de/10010931418

The Measurement of Household Consumption Expenditures

Browning, Martin; Crossley, Thomas F.; Winter, Joachim - In: Annual Review of Economics 6 (2014) 1, pp. 475-501

Household-level data on consumer expenditures underpin 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/10010886214

Estimating a collective household model with survey data on financial satisfaction

Alessie, Rob; Crossley, Thomas F.; Hildebrand, Vincent - 2006

larger end of the range of estimates reported in the literature. They also suggest that the share of household income …

Persistent link: https://www.econbiz.de/10010292958

Exploring the returns to scale in food preparation: Baking penny buns at home

Crossley, Thomas F.; Lu, Yuqian - 2005

We show that as household size increases, households substitute away from prepared foods and towards ingredients. They also devote more time to food preparation. These observations (1) are consistent with a simple model with home production, returns to scale in the time input to food...

Persistent link: https://www.econbiz.de/10010292995