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distinction between necessities and luxuries, already Ernst Engel (1895) approached a behaviorally founded comprehensive …
Persistent link: https://www.econbiz.de/10010291824
distinction between necessities and luxuries, already Ernst Engel (1895) approached a behaviorally founded comprehensive …
Persistent link: https://www.econbiz.de/10010551529
types: luxuries and necessities. Luxuries (necessities) are activities for which time and expenditure shares rise (decline …, the rise in the price of leisure luxuries has reduced welfare inequality while the rise in wage dispersion has increased … reallocations of time and expenditures across activities. This effect is quantitatively important for welfare inequality. Since 2003 …
Persistent link: https://www.econbiz.de/10012819005
types: luxuries and necessities. Luxuries (necessities) are activities for which time and expenditure shares rise (decline …, the rise in the price of leisure luxuries has reduced welfare inequality while the rise in wage dispersion has increased … reallocations of time and expenditures across activities. This effect is quantitatively important for welfare inequality. Since 2003 …
Persistent link: https://www.econbiz.de/10012792724
Persistent link: https://www.econbiz.de/10012793524
If mankind’s three basic necessities have always been food, clothing, and shelter, whose production, trade, and … question: how do they distinguish between necessities and luxury products? Indeed, any examination of later-medieval, early … people, luxury textiles may have been deemed as personal ‘necessities’. This study is based upon two statistical tables, for …
Persistent link: https://www.econbiz.de/10005704785
India's development experience over the past fifty years suggests that the increasing importance of the services sector deserves analysis.  The literature on structural change has emphasised changing patterns of demand as an explanation for the increasing importance of the services sector.  In...
Persistent link: https://www.econbiz.de/10011004136
Equivalence scales are often used to adjust household income for differences in characteristics that affect needs. For example, a family of two is assumed to need more income than a single person, but not double due to economies of scale in consumption. However, in comparing economic well-being...
Persistent link: https://www.econbiz.de/10012389658
Equivalence scales are often used to adjust household income for differences in characteristics that affect needs. For example, a family of two is assumed to need more income than a single person, but not double due to economies of scale in consumption. However, in comparing economic well-being...
Persistent link: https://www.econbiz.de/10012165604
For many years, the air travel market has been the most regulated sector of the economy. Within the last few decades, it has undergone profound change, which is largely a consequence of changes in the law. Another factor that exerted influence on the market was the popularization of new...
Persistent link: https://www.econbiz.de/10011480630