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Literature on residential water demand is rich, however, there are few estimates of price and income elasticities for …, our estimates of price and income elasticity indicate low responsiveness of households. The estimate of income elasticity … is about +0.16 and robust across all model specifications, and the effect of income is decreasing with household wealth …
Persistent link: https://www.econbiz.de/10012011289
are only slightly more likely to cease car ownership than middle-aged households. Households with higher income are less … likely to cease car ownership then lower income households and more likely to increase their car ownership. Permanent income …, defined as the average income over the period, has a larger positive impact on car ownership than current income. …
Persistent link: https://www.econbiz.de/10010945088
alternative approach is to use the accounting identity that total household spending is equal to income plus capital gains minus … on income and wealth to other administrative data with information on financial and real estate transactions. Using this … second is a study of the transmission of income shocks to household consumption. …
Persistent link: https://www.econbiz.de/10012172449
This paper empirically examines the relationship between income risk and mortgage instrument choice among Japanese … households. Since theoretical predictions about the impact of income risks on mortgage choice are mixed, it is important to … measures of income variability and unemployment risk that capture the income risk of the specific household. Our empirical …
Persistent link: https://www.econbiz.de/10012974641
- relative to older borrowers has played a major role in easing the debt repayment burden in the presence of large income shocks …. Notwithstanding historically low interest rates, we show that income shocks are the main factor contributing to mortgage repayment …
Persistent link: https://www.econbiz.de/10011647888
with similar tenants. Granular data on demographics, income, housing and financial wealth, and debt allow us to construct … consumption in the wake of an adverse income shock. We also find a positive but short-lived effect on labor supply …
Persistent link: https://www.econbiz.de/10012969184
This paper empirically investigates the effects of changes in the interest rate as well as transitory income … significant effects of precautionary savings on the consumption-savings decision. As a result of a doubling of transitory income …
Persistent link: https://www.econbiz.de/10013138012
separation on measures reflecting the adequacy of food consumption in addition to more commonly studied income and expenditure … measures. Using panel data from France, I examine changes in disposable income, food expenditure and food quantities purchased …
Persistent link: https://www.econbiz.de/10014533296
Persistent link: https://www.econbiz.de/10014250799
Electricity has attained a very important place in every household on this planet. It is a major contributor towards improvement of the standard of living of any individual, family and society at large. This paper aims to find out the monthly average household electricity consumption and...
Persistent link: https://www.econbiz.de/10010801076