Showing 1 - 10 of 6,650
We demonstrate that interpersonal comparisons lead to "keeping up with the Joneses"-behavior. Using annual household … the consumption level of all households who are perceived to be richer, on household savings and consumption. When …
Persistent link: https://www.econbiz.de/10010190171
of their practical importance for the measurement of inequality and poverty, a large number of methods for the estimation … this paper, we employ German household expenditure data to estimate exact equivalence scales using several parametric … inequality and poverty. We conclude that differences in estimation methods for equivalence scales might be less important than …
Persistent link: https://www.econbiz.de/10011764530
differences in the prices paid for the same product and differences in the household-specific variety choice within a category … household behaviour, a significant and time-varying inflation difference between income groups emerges. Substitution is strongly … behaviour-driven and largely detached from the relative price. The dispersion of the household-level elasticity of substitution …
Persistent link: https://www.econbiz.de/10014484471
Demographisch gegliederte Nachfragesysteme modellieren Unterschiede im Verbrauch verschiedener Verbrauchergruppen bzw. Haushaltstypen. In der vorliegenden Arbeit wird untersucht, welche Nachfragesysteme einerseits die Restriktionen der neoklassischen Nachfragetheorie erfüllen und andererseits...
Persistent link: https://www.econbiz.de/10011402103
Persistent link: https://www.econbiz.de/10012490633
We examine linkages between aggregate household income, distribution of that income, and aggregate cross … household specifications in computational policy models emphasizing household distribution of income. This also yields a … consumption-pattern based inequality index that summarizes the projection of inequality through expenditure patterns. Estimation …
Persistent link: https://www.econbiz.de/10011338007
Sharp nonparametric bounds are derived for Hicksian compensating and equivalent variations. These 'i-bounds' generalize earlier results of Blundell, Browning and Crawford (2008). We show that their e-bounds are sharp under the Weak Axiom of Revealed Preference (WARP). They do not require...
Persistent link: https://www.econbiz.de/10013101454
single equation approach, is based on the specific category of household expenditures and the arbitrarily defined household … income and self-employment income, and uses information on all the household current consumption categories. The single … estimation on different subsamples of households with various socioeconomic characteristics. The comparison of the system of …
Persistent link: https://www.econbiz.de/10011877670
Are two parents and single parents allocating household resources to children in the same way? Which factors affect … intra-household inequality? Do mothers re-distribute more income to children as they are more empowered? We focus on child … children and adults, exploiting the observability of assignable goods. We provide the first evidence of intra-household …
Persistent link: https://www.econbiz.de/10011974734
This paper examines whether relative income and income inequality within reference groups affect household consumption …. Using the explanations of consumption behavior based on Dusenberry's relative income hypothesis, we test if household … consumption levels in Turkey are affected by the household's relative position and inequality in the reference group between 2005 …
Persistent link: https://www.econbiz.de/10012835453