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Consumer demand microdata typically exhibit a great deal of expenditure variation but not very much price variation. In this paper, we propose a semiparametric approach to the consumer demand problem in which expenditure share equations are nonparametric in the real expenditure direction and...
Persistent link: https://www.econbiz.de/10012712967
Increasing the production of organic food is becoming an important environmental target for many governments, and consumer demand for organic food is pivotal in reaching these targets. This paper studies consumer demand for organic and conventional milk, using weekly scanner data from the...
Persistent link: https://www.econbiz.de/10012668774
This paper investigates empirically the consumer demand of environmentally relevant goods for Germany, as well as their relationship to the demand for leisure. Higher prices for energy goods like gas, electricity or fuel oil due to higher indirect taxation amongst others may have serious welfare...
Persistent link: https://www.econbiz.de/10014037269
This paper analyses Turkish household food consumption, using data from the 2003 Turkish Household Expenditure Survey … conventional economic variables in explaining observed differences in the household's food consumption patterns in Turkey …
Persistent link: https://www.econbiz.de/10012759130
This paper uses detailed diary information from the British Family Expenditure Survey (FES)to investigate the expenditure patterns of school-age children. We estimate a Quadratic Almost Ideal Demand System, and find that, whilst most commodities are normal goods, sweets and toys are luxury items...
Persistent link: https://www.econbiz.de/10013320739
-purchase time are determined simultaneously. We use this model to explore the relationship between a household's cereal purchases …
Persistent link: https://www.econbiz.de/10012157189
. Hence, household consumption is not only determined by habit persistence but also by interpersonal comparisons. Most …
Persistent link: https://www.econbiz.de/10010201638
I study the effects of borrowing and liquidity constraints on the response of consumption toanticipated income changes. Using the PSID over 1999–2013, I find that the well-documentedstrong excess sensitivity of consumption to income of highly constrained households can beexplained by episodes...
Persistent link: https://www.econbiz.de/10013231872
We demonstrate that interpersonal comparisons lead to "keeping up with the Joneses"-behavior. Using annual household … the consumption level of all households who are perceived to be richer, on household savings and consumption. When …
Persistent link: https://www.econbiz.de/10010190171
We explore the consistency at household-level between register-imputed and survey-based consumption figures for Denmark …
Persistent link: https://www.econbiz.de/10011948191