or more of their income. On average, every household saved a good 17 percent of their income in 2013. …

. Hence, household consumption is not only determined by habit persistence but also by interpersonal comparisons. Most …

We investigate the effects of demographics, household expenditure and female employment on the allocation of household … interactions between household expenditure and demographics are of significant importance in explaining the allocation to consumer …

post-retirement motives to affect household behavior while the number and age of all children can affect the marginal …

nonlinearities in household demand. Therefore, the econometric framework should not impose any strong restrictions on the functional … forms of household expenditure shares. The chosen semiparametric specification meets this requirement. It is flexible, it … yields {N} consistent parameter estimates, and is consistent with consumer theory. Estimated equivalence scales are below or …

and household welfare. We estimate Euler equations and measure the volatility of unpredictable changes in consumption as …, and document that despite the increase in household debt between 1983 and 2007, there was no decline in the proportion of …

In this paper an empirical model is developed where the collective household model is used as a basic framework to … describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household … the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …

In this paper an empirical model is developed where the collective household model is used as a basic framework to … describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household … the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …

In this paper an empirical model is developed where the collective household model is used as a basic framework to … describe the time allocation problem. The collective model views household behavior as the outcome of maximizing a household … the main accent still lies on the development of theory. The novelty of this paper is that we empirically estimate the two …