The collective approach to household behavior relaxes the restrictive features of the unitary model by specifying … household welfare as a weighted combination of the individuals' utilities. But the weights are assumed fixed or exogenous to the … determined and simultaneously estimated with the household outcomes. The authors present Nepalese evidence that suggests that a …

This empirical research analyzes the determinants of Colombian household revenues and expenditures. Using a life cycle … model with data from the national household survey 1994-1995, the paper shows how the behavior of household income is mainly … determined principally by income and secondly by the social characteristics of the household and by the expenditure of other …

included in the scenarios of possible changes of the household's situation in the future. These scenarios cover all permissible …

literature on household saving behavior in Japan (with emphasis on the author's own past research) to shed light on whether or … hypothesis, which is undoubtedly the most widely used theoretical model of household behavior in economics, and then survey the … the age structure of the population on the saving rate, the saving behavior of retired households, saving motives, the …

We investigate the trends of inequalities and mobility of income, expenditure and stock of durables between 1993 and … 1998 in Hungary. In 1996-8 the stagnating level of inequalities is coupled with relatively low and decreasing mobility. The … relationship between inequalities and mobility fastens the relative positions of households, increasing the share of households …

household net worth coming from elevated household debt and the collapse in house prices play an underappreciated role. Using … highlight the increasing body of macroeconomic evidence on the link between household debt and business cycles. Our main … conclusion is that housing and household debt should play a larger role in models exploring the importance of household …

In this paper, we conduct a dynamic panel analysis of the determinants of the household saving rate in China using a … China's household saving rate has been high and rising and that the main determinants of variations over time and over space … the household saving rate in only one of the four samples. These results provide mixed support for the life cycle …

consumption of up to 23 euros depending on the household's position in the income distribution. Our findings suggest that changing … households who are perceived to be richer, on household savings and consumption. When controlling for own income as well as …