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We investigate life cycle patterns of demand for services from household durables using UK panel data. We take careful account of prices, demographics, labour supply and health. Demand for consumer electronics rises with age, while the demand for household appliances is flat. These findings...
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Family is one of the most important socio-cultural factors which reflects on a man's behavior. Contemporarily, young people demonstrate much more market activity. Except for doing shopping, they also play roles of advisors who influence choices of individual members of households. Most often, in...
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