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expenditure patterns of school-age children. We estimate a Quadratic Almost Ideal Demand System, and find that, whilst most … commodities are normal goods, sweets and toys are luxury items for children. Children of lone parents have lower budget shares for … suggesting that children mimic their parent's expenditure patterns. …
Persistent link: https://www.econbiz.de/10011404134
primarily changes income and expenditure patterns, widowhood fundamentally changes the structure of the household. Beside high … consumption are lost. This paper applies the Lewbel and Pendakur (2008) collective household model to expenditure data on elderly … households in Switzerland. The findings suggest that between 40 and 50% of household resources are assigned to wives and both …
Persistent link: https://www.econbiz.de/10010486913
expenditure patterns of school-age children. We estimate a Quadratic Almost Ideal Demand System, and find that, whilst most … commodities are normal goods, sweets and toys are luxury items for children. Children of lone parents have lower budget shares for … suggesting that children mimic their parent's expenditure patterns. …
Persistent link: https://www.econbiz.de/10001642971
expenditure patterns of school-age children. We estimate a Quadratic Almost Ideal Demand System, and find that, whilst most … commodities are normal goods, sweets and toys are luxury items for children. Children of lone parents have lower budget shares for … suggesting that children mimic their parent?s expenditure patterns. …
Persistent link: https://www.econbiz.de/10010262592
Children are seldom accounted for in household behavioural models. They are usually assumed to have neither the … children through the quot;caring preferencesquot; of their parents or has treated them as household public goods [Bourguignon … capacity nor the power to influence the household decision process. The literature on collective models has so far incorporated …
Persistent link: https://www.econbiz.de/10012723052
Children are seldom accounted for in household behavioural models. They are usually assumed to have neither the … children through the "caring preferences" of their parents or has treated them as household public goods [Bourguignon (1999 … capacity nor the power to influence the household decision process. The literature on collective models has so far incorporated …
Persistent link: https://www.econbiz.de/10013324942
post-retirement motives to affect household behavior while the number and age of all children can affect the marginal …I study how children affect the marginal utility of non-durable consumption. I estimate by Maximum Likelihood a … structural economic model of optimal intertemporal allocation of consumption in the presence of children using high quality …
Persistent link: https://www.econbiz.de/10013022153
increased sample size. Finally, we use our method to analyze decisions made by dyads of children in an experimental setting. We … find that children’s decisions are particularly characterized by varying levels of altruism. We relate this heterogeneity … across children to age, gender, and the degree of friendship in dyads. …
Persistent link: https://www.econbiz.de/10011801805
This paper finds declining consumption expenditure between paydays, for a typical household in the working population …
Persistent link: https://www.econbiz.de/10013318839
effect of children and a structural estimation strategy when households face constraints. Finally, I estimate the effect of … register data. Results suggest that children does not affect household consumption in the same magnitude previously assumed … intertemporal consumption behavior, produce inconsistent estimates of the effect of children on consumption if potentially binding …
Persistent link: https://www.econbiz.de/10013045082