This paper shows that, consistent with a signaling-by-consuming model a la Veblen, income elasticities can be predicted from the visibility of consumer expenditures. We outline a stylized conspicuous consumption model where income elasticity is endogenously predicted to be higher if a good is...

This book presents a number of recent developments in demand analysis. These include new, simple data-analytic techniques for analysing consumption data; new tests based on computer simulations for hypothesis testing; new methodological results on how to estimate demand equations; innovative...

The main objective of the paper is to analyse the changes in structure of city expenses. It evolves according to changes of urban development goals, which reflects the hierarchy of needs of the city users. In this context the urban consumption illustrates firstly lasting of key urban functions,...