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Conspicuous Consumption in the United States and China

Jinkins, David Carson - 2014

I develop a model of conspicuous consumption to empirically measure the importance of peer beliefs to Americans and Chinese. In the model, a consumer cares not only about the direct utility she receives from consumption, but also about the way her consumption pattern affects her peer group's...

Persistent link: https://www.econbiz.de/10013050618

Showing Off to the New Neighbors? Income, Socioeconomic Status and Consumption Patterns of Internal Migrants

Danzer, Alexander M. - 2013

This paper analyses incomes and socioeconomic status of internal migrants over time and in comparison to their new neighbors and investigates whether status consumption is a way for newly arrived city dwellers to signal their social standing. Using a novel dataset from the emerging economy of...

Persistent link: https://www.econbiz.de/10013082141

Regional Price Differences in Urban China 1986-2001 : Estimation and Implication

Gong, Cathy Honge; Meng, Xin - 2021

Despite the intensive efforts made by economists to examine regional income inequality in China, limited attention has … in urban China over the period 1986 to 2001. Spatial Price Index (SPI) is normally calculated using the Basket Cost … those obtained from the Basket Cost method. Further, regional price variations in urban China increased significantly during …

Persistent link: https://www.econbiz.de/10013325065

Regular versus Lump-Sum Payments in Union Contracts and Household Consumption

Adamopoulou, Effrosyni - 2017

We use information on monthly wage increases set by collective agreements in Italy and exploit their variation across sectors and over time in order to examine how household consumption responds to different types of positive income shocks (regular tranches versus lump-sum payments). Focusing on...

Persistent link: https://www.econbiz.de/10012963863

A Bigger House at the Cost of an Empty Fridge? The Effect of Households' Indebtedness on Their Consumption : Micro-Evidence Using Belgian HFCS Data

Du Caju, Philip; Périlleux, Guillaume; Rycx, François; … - 2021

This paper investigates the potentially non-linear relation between households' indebtedness and their consumption between 2010 and 2014 in Belgium, using panel data from the two waves of the Household Finance and Consumption Survey. Unlike previous studies, we find a negative effect of...

Persistent link: https://www.econbiz.de/10013238650

Consumption Network Effects

De Giorgi, Giacomo - 2016

In this paper we study the relevance and mechanics of consumption network effects. We use long panel data on the entire Danish population to construct a measure of consumption based on administrative tax records, and define the peer groups in terms of workplace, occupation, education, and age....

Persistent link: https://www.econbiz.de/10012989188

Not Just a Work Permit : EU Citizenship and the Consumption Behavior of Documented and Undocumented Immigrants

Adamopoulou, Effrosyni - 2019

This paper explores the impact of the 2007 EU enlargement on the consumption behavior of immigrant households. Using data from a unique Italian survey and a diff-in-diff approach, we find that the enlargement induced a consumption increase for immigrants from new member states. This effect...

Persistent link: https://www.econbiz.de/10012861310

Family Finances and Debt Overhang : Evolving Consumption Patterns of Spanish Households

Sala, Hector; Trivín, Pedro - 2022

This paper studies the direct impact of households' debt on consumption over the business cycle. We use household-level panel data for Spain, and focus on a interesting period of analysis, 2002-2017, characterized by large variations in leverage, consumption, and asset prices. We find that debt...

Persistent link: https://www.econbiz.de/10013406441

Income Inequality and Saving

Alvarez-Cuadrado, Francisco - 2013

Over the last three decades, average income for the bottom half of the US distribution increased by 8% while their average saving rate decreased by eight percentage points. Over the same period the US experienced a substantial increase in inequality and a continuous decrease in the aggregate...

Persistent link: https://www.econbiz.de/10013088975

Tobacco and Alcohol : Complements or Substitutes? A Structural Model Approach

Tauchmann, Harald; Göhlmann, Silja; Requate, Tilman; … - 2021

The question of whether two drugs - namely alcohol and tobacco - are used as complements or substitutes is of crucial interest if side-effects of anti-smoking policies are considered. Numerous papers have empirically addressed this issue by estimating demand systems for alcohol and tobacco and...

Persistent link: https://www.econbiz.de/10013324830