Showing 1 - 10 of 1,899
Index (EASI) demand system on a data set built by merging the most recent waves of the US consumer expenditure and time use …
Persistent link: https://www.econbiz.de/10011914153
We propose a collective labor supply model with household production that generalizes an original model of Blundell, Chiappori and Meghir (2005). In our model, adults' individual preferences do not only depend on own leisure and individual private consumption of market goods. They also depend on...
Persistent link: https://www.econbiz.de/10009007801
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 propose a collective labor supply model with household production that generalizes an original model of Blundell, Chiappori and Meghir (2005). In our model, adults' individual preferences do not only depend on own leisure and individual private consumption of market goods. They also depend on...
Persistent link: https://www.econbiz.de/10013132874
We propose a collective labor supply model with household production that generalizes an original model of Blundell, Chiappori and Meghir (2005). In our model, adults' individual preferences do not only depend on own leisure and individual private consumption of market goods. They also depend on...
Persistent link: https://www.econbiz.de/10013137754
We propose a collective labor supply model with household production that generalizes an original model of Blundell, Chiappori and Meghir (2005). In our model, adults' individual preferences do not only depend on own leisure and individual private consumption of market goods. They also depend on...
Persistent link: https://www.econbiz.de/10013137791
The theory of home production suggests substitutability between market consumption and home production. The current paper estimates the intratemporal elasticity between home production and market consumption from within-person variation. Shocks in houseprices induced by the Great Recession are...
Persistent link: https://www.econbiz.de/10012997166
price elasticity of demand for cannabis and implications for likely state excise and sales tax revenues. We use crowdsourced … elasticity of demand for cannabis. We use distances from growing areas to the major markets as a proxy for cost variations. We … obtain an estimate of the price elasticity of demand for cannabis of -0.418, which suggests that legalizing and taxing …
Persistent link: https://www.econbiz.de/10011691555
This paper develops a new method for estimating the demand function for gasoline and the deadweight loss due to an … economic theory to improve the precision of a nonparametric estimate of the demand function. Using data from the U.S. National … Household Travel Survey, we show that the restrictions are consistent with the data on gasoline demand and remove the anomalous …
Persistent link: https://www.econbiz.de/10003838977
Tourism ; Ireland ; Demand Modelling …
Persistent link: https://www.econbiz.de/10003564248