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This article considers non-unitary models of household behavior. These models suppose explicitly that households … household behavior in these models are subject to constraints that differ from the traditional Slutsky conditions. In addition …, in a certain number of specific cases, the preferences of the different household members can be identified from …
Persistent link: https://www.econbiz.de/10010269486
This research investigates changes in brand loyalty as households pass from one stage of the household life cycle to …
Persistent link: https://www.econbiz.de/10014182220
The 2020 Covid-19 pandemic led to a large number of studies in household finance, using new high-frequency data in … close to real time. This paper surveys household behavior during the pandemic, with a focus on consumption, government … recessions, likely due to government debt relief policies. Household investment behavior was affected by pandemic-induced changes …
Persistent link: https://www.econbiz.de/10014236482
Economists routinely make functional form assumptions about consumer demand to obtain welfare estimates—often for convenience, tractability, or both. How sensitive are welfare estimates to these assumptions? In this paper, we answer this question by providing bounds on welfare that hold for...
Persistent link: https://www.econbiz.de/10013212148
Persistent link: https://www.econbiz.de/10010203380
such as, "What the equivalent amount of money for compensative welfare loss of household is through eliminating bread … indices, demand systems and household clustering, we cluster household base on homogeneity of consumption behaviors and …
Persistent link: https://www.econbiz.de/10013070263
using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize …-level heterogeneity is household size, as individuals living in multi-member households have the potential to share goods within the … household, benefiting from household-size economies. Theoretically, we show that validating the role of a representative …
Persistent link: https://www.econbiz.de/10013137999
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 … households in our data, the average household wastes 31.9% of the food it buys, and this figure, using survey weights, translates …
Persistent link: https://www.econbiz.de/10012897988
This paper investigates household food waste in the context of inefficient food production. Food waste is typically … defined as the proportion of edible food that goes unconsumed, whereas inefficiency is measured by a household's inability to … focus on the determinants of inefficiency using unique household- level data on food stock usage and food consumption. We …
Persistent link: https://www.econbiz.de/10014094400
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 …
Persistent link: https://www.econbiz.de/10011877670