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We construct a model that considers the direct effects, if any, of government spending on the attitudes of a typical consumer toward risk, time preference, and intertemporal substitution. The null hypothesis is that a growing government sector does not affect the consumer's behavior, and the...
Persistent link: https://www.econbiz.de/10011107306
In this paper I examine the implications of self-attribution bias on consumption and savings decisions. When self … changes in consumption and changes in income. No other factor on its own has been able to explain both of these empirical …
Persistent link: https://www.econbiz.de/10011109290
In the past decade, weak household consumption was an important reason for low rates of overall economic growth in … consumption. Consumption, information-processing, and decision-making theory all serve to derive hypotheses, which are evaluated … indicate that consumption is mainly influenced by the long-run effects of news coverage. In this regard, decisions to consume …
Persistent link: https://www.econbiz.de/10011109649
Using information in the household consumption data as a signal of secularity, this study explores the effect of …
Persistent link: https://www.econbiz.de/10011109927
present cross-sectional dispersion earnings, consumption expenditure, and wealth inequalities from time-series and life cycle …
Persistent link: https://www.econbiz.de/10011110193
Although the link between household size and consumption has a strong empirical support, there is no consistent way in … size and composition affect optimal consumption decisions. We provide theoretical results comparing both approaches and …
Persistent link: https://www.econbiz.de/10011110390
This study has uniquely established that financing women though Self Help Groups has a significant role in empowering women, which is a smart economics indeed in achieving the objective of economic development of the weaker sections. The findings of this study establish using the statistical...
Persistent link: https://www.econbiz.de/10011110594
The paper evaluates the determinants of gas energy consumption in Pakistan during 1971-2006 using econometric … consumption in the household, cement, fertilizer, power and industry sector brings 1.04%, 1.03%, 0.95%, 0.97% and 1.37% change in … the total energy consumption respectively. The coefficients of all the explanatory variables are statistically significant …
Persistent link: https://www.econbiz.de/10011111209
feature is coupled with the low efficiency of thermal energy consumption of households as a result of poor insulation of … consumption. It is therefore necessary to develop energy sector model to be able to evaluate not only the energy consumption …, production and consumption blocks. A separate place is taken by electricity generation hydroelectric power plants (HPP), net …
Persistent link: https://www.econbiz.de/10011258382
I examine the effects of fiscal policy actions on private consumption in a yearly panel of sixteen OECD countries …—with expansionary fiscal policy boosting consumption in recessions, having a nil effect on it in normal times or in fiscal stress, and … strongly displacing consumption in mixed states when recession and fiscal stress coincide. This happens because the liquidity …
Persistent link: https://www.econbiz.de/10011258709