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Persistent link: https://www.econbiz.de/10011283378
this paper, we employ German household expenditure data to estimate exact equivalence scales using several parametric …
Persistent link: https://www.econbiz.de/10011764530
Poverty is typically measured as insufficient yearly income or consumption. In practice, however, poverty is marked by seasonality, economic instability, and illiquidity across months. To capture within-year variability, we extend traditional poverty measures to include a temporal dimension....
Persistent link: https://www.econbiz.de/10014351157
Standard household economics assumes that couples pool their incomes and share the sum equally, which is a necessary … advancement of this paper is the use of panel data, which enables me to account for unobserved heterogeneity at the household …
Persistent link: https://www.econbiz.de/10010188880
food demand in relation to food prices over time using data from the British National Food Survey (NFS) covering the period … 1975-2000. Demand elasticities with respect to price elasticities are estimated by solving a quadratic almost ideal demand … system (QUAIDS) model controlling also for total expenditure on food, region of residence, household size, age of head of …
Persistent link: https://www.econbiz.de/10010251127
In this paper, we estimate pass-through rates of import price changes to retail prices across retailers and consumers for apparel purchases in Germany for the period of 2000 to 2007. We find that high-price retailers do not pass through changes in the import price. Pass-through rates for...
Persistent link: https://www.econbiz.de/10011488657
Empirically analyzing household behavior usually relies on informal data preprocessing. That is, before an econometric … German micro-data on household expenditure to estimate equivalence scales as a specific example. Our results show that …
Persistent link: https://www.econbiz.de/10010458584
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
We quantified the relative importance of the precautionary motive in determining savings. Existing empirical evidence suggests that the impact of precautionary savings is small if one uses a subjective measure of uncertainty about next year income. However, other studies use an ‘objective'...
Persistent link: https://www.econbiz.de/10013107617
and household welfare. We estimate Euler equations and measure the volatility of unpredictable changes in consumption as …, and document that despite the increase in household debt between 1983 and 2007, there was no decline in the proportion of …
Persistent link: https://www.econbiz.de/10013087209