Showing 1 - 10 of 52,821
The empirical literature on household savings tends to treat savings simply as the residual of income minus consumption … smoothing consumption is also confirmed by the use of a system of equations in which both portfolio and production decisions are … buffering consumption. As an extension, we have explored the monthly ICRISAT panel data for the period 2009-2012 in the same …
Persistent link: https://www.econbiz.de/10010940462
identification of non monetary constraints that influence consumption behaviour and its evolution. We find that while the evolution … of constraints varies across consumption categories, there is a common tendency towards smaller differences in …
Persistent link: https://www.econbiz.de/10010723491
The problem addresses in this article is the bias to income and expenditure elasticity estimates caused by inattention to measurement error and unobserved heterogeneity. We gauge these biases by comparing cross-sectional, pseudo-panel and true panel data from Polish and American expenditure surveys.
Persistent link: https://www.econbiz.de/10005775924
All micro studies of demand are based on using time series cross sectional data. Because in such data each household is only observed once, it is only under strong identifying restrictions that one can interpret the coefficients on consumer behavior. For example, if tastes are correlated with...
Persistent link: https://www.econbiz.de/10010293073
consumption models, including a numerically solved precautionary savings model. We find that inter-country differences are …
Persistent link: https://www.econbiz.de/10010325196
We study smoking persistence in ten countries using data from the European Community Household Panel. Such persistence may be due to true state dependence but may also reflect individual unobserved heterogeneity. We distinguish between the two by using semi-parametric dynamic panel data methods...
Persistent link: https://www.econbiz.de/10010276467
feed-in and the consumption costs that households can save by self-consumption. Network tariffs constitute a substantial … part of these consumption costs. We use postcode-level data for Germany between 2009 and 2017 and exploit the regional … increased in recent years when self-consumption has become financially more attractive, and the results confirm the expectation …
Persistent link: https://www.econbiz.de/10012653861
This paper proposes a simple method for estimating the lock-in effects of switching costs from firm-level data. We compare the behavior of already contracted consumers to the behavior of new consumers as the latter can serve as contrafactual to the former. In panel regressions on firms' incoming...
Persistent link: https://www.econbiz.de/10010494463
This paper proposes a simple method for estimating the lock-in effects of switching costs from firm-level data. We compare the behavior of already contracted consumers to the behavior of new consumers as the latter can serve as contrafactual to the former. In panel regressions on firms' incoming...
Persistent link: https://www.econbiz.de/10008903447
consumption models, including a numerically solved precautionary savings model. We find that inter-country differences are …
Persistent link: https://www.econbiz.de/10011373833