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Using the data on maintenance expenditures and self-assessed house value, I separate the measure of individual housing stock and house prices, and use these data for testing whether nondurable consumption and housing are characterized by intratemporal nonseparability in households' preferences....
Persistent link: https://www.econbiz.de/10012023937
Using the data on maintenance expenditures and self-assessed house value, I separate the measure of individual housing stock and house prices, and use these data for testing whether nondurable consumption and housing are characterized by intratemporal nonseparability in households’...
Persistent link: https://www.econbiz.de/10012024427
We model consumption and labor supply behavior of a couple in a non-cooperative setting. Using minimal assumptions, we prove that demand for public goods is characterized by three regimes. It is either determined by the preferences of one of the partners only (Husband Dictatorship or Wife...
Persistent link: https://www.econbiz.de/10010463625
We focus on the impact of migrants’ remittances on consumption patterns in rural China, allowing for endogeneity of remittances and county fixed-effects. We find that the marginal propensity to consume out of remittances is close to unity, which is far greater than that out of non-migrant...
Persistent link: https://www.econbiz.de/10003839366
In this paper, we develop a revealed preference methodology that allows us to explore whether time inconsistencies in household choice are the product of individual preference nonstationarities or the result of individual heterogeneity and renegotiation within the collective unit. An empirical...
Persistent link: https://www.econbiz.de/10010356826
It is unlikely that husbands and wives always agree on exactly what public goods to buy. Nor do they necessarily agree on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor supply behavior of a couple in a non-cooperative setting...
Persistent link: https://www.econbiz.de/10003872703
How can economic theory explain the reasons why consumers adopt innovations? Using the example of innovations in washing machines two approaches are compared. The first focuses in the manner of household production theory on changes in constraints without specifying preferences, leading to the...
Persistent link: https://www.econbiz.de/10009236027
We study the consumer response to the extension of a perishable food item’s shelf life. We develop a theoretical model that describes a utility maximizing consumer planning for an uncertain number of consumption occasions. This model permits prediction of both changes in the purchase and waste...
Persistent link: https://www.econbiz.de/10014348636
Measuring food waste at the individual household level has been nearly impossible because comprehensive, current data on uneaten food do not exist. By using food acquisition data, this article employs a new approach to estimating household-level food waste via a stochastic production frontier...
Persistent link: https://www.econbiz.de/10012897988
Fluctuations in income and population are imperative elements for changing the structure of food demand. In perspective of the significance of food demand examination for provinces of Pakistan, thisstudy investigatesthe demand elasticities and household consumption behaviour both at the...
Persistent link: https://www.econbiz.de/10012814276