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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
This paper finds declining consumption expenditure between paydays, for a typical household in the working population …
Persistent link: https://www.econbiz.de/10013318839
In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set of behaviours which are thought to influence health and are generally considered to invoke a substantial degree of free choice. The main underlying assumption is that...
Persistent link: https://www.econbiz.de/10011308440
In this paper we look at the relationship between health and income as mediated by “lifestyle” choices; that is, a set of behaviours which are thought to influence health and are generally considered to invoke a substantial degree of free choice. The main underlying assumption is that...
Persistent link: https://www.econbiz.de/10013016232
I study the effects of borrowing and liquidity constraints on the response of consumption toanticipated income changes. Using the PSID over 1999–2013, I find that the well-documentedstrong excess sensitivity of consumption to income of highly constrained households can beexplained by episodes...
Persistent link: https://www.econbiz.de/10013231872
differences in the prices paid for the same product and differences in the household-specific variety choice within a category … household behaviour, a significant and time-varying inflation difference between income groups emerges. Substitution is strongly … behaviour-driven and largely detached from the relative price. The dispersion of the household-level elasticity of substitution …
Persistent link: https://www.econbiz.de/10014484471
This paper studies why investors buy dividend-paying assets and how they time their consumption accordingly. We combine administrative bank data linking customers' consumption transactions and income to detailed portfolio data and survey responses on financial behavior. We find that private...
Persistent link: https://www.econbiz.de/10012223798
system (QUAIDS) model controlling also for total expenditure on food, region of residence, household size, age of head of … household, whether women are working, number of time in which the household buys ready food, household type and income quartiles …
Persistent link: https://www.econbiz.de/10010251127