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A Study of Personal Financial Planning Process and Socio-Economic Decision-Making in Households
Sweety - 2016
In the current era, planning of finance is assuming extreme importance as myriad financial products are available and individuals' demands are increasing. Personal financial planning is a process which outlines one's financial objectives and takes financial decisions in a manner that his goals...
Persistent link: https://www.econbiz.de/10012986343
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Household saving and labor informality : the case of Chile
Schclarek, Alfredo; Caggia, Mauricio - 2015
This paper compares the saving behavior of formal and informal workers and additionally provides a socioeconomic and financial characterization of informal workers in Chile. The paper uses the Financial Household Survey conducted by the Central Bank of Chile in 2007, 2008, 2009 and 2010, which...
Persistent link: https://www.econbiz.de/10011290974
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Kinky choices, dictators and split might: a non-cooperative model for household consumption and labor supply
Boone, Jan; van der Wiel, Karen; Vermeulen, Frederic - 2009
on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …
Persistent link: https://www.econbiz.de/10010277211
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Marital matching, economies of scale and intrahousehold allocations
Cherchye, Laurens; Rock, Bram de; Surana, Khushboo; … - 2016
scales. Our method recovers the technology by solely exploiting preference information revealed by households' consumption …We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … collective households with consumption technologies that define the public and private nature of expenditures through Barten …
Persistent link: https://www.econbiz.de/10011543531
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Kinky choices, dictators and split might : a non-cooperative model for household consumption and labor supply
Boone, Jan; Wiel, Karen van der; Soest, Arthur van; … - In: IZA Journal of Labor Economics 3 (2014), pp. 1-19
We model consumption and labor supply behavior of a couple in a non-cooperative setting. Using minimal assumptions, we …
Persistent link: https://www.econbiz.de/10010463625
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Does the selfish life-cycle model apply in the case of Japan?
Horioka, Charles - 2020
In this paper, we first provide a brief exposition of the simplest version of the selfish life cycle model or hypothesis, which is undoubtedly the most widely used theoretical model of household behavior in economics, and then survey the literature on household saving behavior in Japan (with...
Persistent link: https://www.econbiz.de/10012195738
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Are Children Decision-Makers within the Household?
Dauphin, Anyck - 2008
Children are seldom accounted for in household behavioural models. They are usually assumed to have neither the capacity nor the power to influence the household decision process. The literature on collective models has so far incorporated children through the quot;caring preferencesquot; of...
Persistent link: https://www.econbiz.de/10012723052
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Are Children Decision-Makers within the Household?
Dauphin, Anyck; El Lahga, AbdelRahmen; Fortin, Bernard; … - 2021
Children are seldom accounted for in household behavioural models. They are usually assumed to have neither the capacity nor the power to influence the household decision process. The literature on collective models has so far incorporated children through the "caring preferences" of their...
Persistent link: https://www.econbiz.de/10013324942
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Household Debt and Spending in the United Kingdom
Bunn, Philip - 2015
level microdata to investigate the relationship between mortgage debt and consumption. We find evidence that more highly … may have reduced the level of aggregate private consumption by up to 2% after 2007. Survey data suggest that large cuts in …
Persistent link: https://www.econbiz.de/10013014342
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Non-parametric preprocessing for the estimation of equivalence scales
Dudel, Christian; Garbuszus, Jan Marvin; Ott, Notburga; … - 2014
Empirically analyzing household behavior usually relies on informal data preprocessing. That is, before an econometric model is estimated, observations are selected in such a way that the resulting subset of data can be assumed to be sufficiently homogeneous with respect to the specific research...
Persistent link: https://www.econbiz.de/10010458584