Search Results - subject:"Income elasticity"

The responses of taxable income induced by tax cuts : empirical evidence from the German taxpayer panel

Gottfried, Peter; Witczak, Daniela - 2009

The elasticity of taxable income has gained increasing attention as a fiscal policy parameter. This paper provides empirical evidence for Germany and adds to the relatively small body of literature for European countries. We use a large new panel data set to analyze the taxable income response...

Persistent link: https://www.econbiz.de/10003942059

A Quantile Estimation Approach to Identify Income and Age Variation in the Value of a Statistical Life

Schaur, Georg - 2009

In theory, heterogeneity in individual characteristics translates into variation in the marginal willingness to pay for a mortality risk reduction. Two dimensions of heterogeneity, with respect to income and age, have recently received attention due to their policy relevance. We propose a...

Persistent link: https://www.econbiz.de/10013155327

Measuring How Risk Tradeoffs Adjust With Income

Evans, Mary F. - 2009

Efforts to reconcile inconsistencies between theory and estimates of the income elasticity of the value of a …

Persistent link: https://www.econbiz.de/10012463278

What Drives Giving in Extensive Welfare States? The Case of Germany

Borgloh, Sarah - 2009

Considerable empirical research exists on donations in the US and their determinants, including estimations of the income and price elasticity of giving. By contrast, less is known about the determinants of countries with an extensive welfare state. We address this deficiency by studying the...

Persistent link: https://www.econbiz.de/10014210625

Forecasting with factor-augmented error correction models

Masten, Igor; Banerjee, Anindya; Marcellino, Massimiliano - 2009

Persistent link: https://www.econbiz.de/10003897887

Demand and Supply Curves : Rotations Versus Shifts

Graves, Philip E.; Sexton, Robert L. - 2009

The observations we makes are fairly simple, although many teachers of economics may be unfamiliar with them: 1) If the demand relationship is assumed to be "constant elasticity" (the double logarithm specification), a change in a demand-shifting variable (e.g. income) will result in a rotation...

Persistent link: https://www.econbiz.de/10014087531

Nutrient Consumption and Household Income in Rural Mexico

Skoufias, Emmanuel; Di Maro, Vincenzo; Gonzalez-Cossio, … - 2009

We estimate the income elasticity for a variety of macro- and micronutrients using a sample of poor rural households in … Mexico. The nutrient-income elasticity is estimated using both parametric and semiparametric methods. A special focus is … issues. One major finding is that income elasticity for calories is close to zero when we control for measurement error …

Persistent link: https://www.econbiz.de/10012561950

Housing demand and housing policy in urban Bangladesh

Ahmad, Sohail - In: Urban Studies 52 (2015) 4, pp. 738-755

elasticity is less than income elasticity in absolute terms. Estimates of demand for housing attributes showed that owner and …

Persistent link: https://www.econbiz.de/10011135242

Estimating income elasticities of leisure activities using cross-sectional categorized data

González, Jorge - Facultad de Economía y Empresa, Universidad de Zaragoza - 2015

: The empirical classification of daily activities into luxuries, necessities, or inferior activities is useful for predicting the impact of economic development, the life cycle, or social mobility on the organization of people’s time. This paper conducts an empirical examination of three...

Persistent link: https://www.econbiz.de/10011183843

On endogeneity of consumer expenditures in the estimation of households demand system

Timofeeva, Anastasiia - In: Applied Econometrics 37 (2015) 1, pp. 87-106

The paper analyzes one case of the endogeneity problem, namely, the presence of measurement error in consumer expenditures by estimation of the demand system according to the household sample surveys. Based on factor analysis a novel approach is proposed and tested. It allows weakening the bias...

Persistent link: https://www.econbiz.de/10011186464