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Luxuries, necessities, and the allocation of time

Fang, Lei; Hannusch, Anne; Silos, Pedro - 2021

types: luxuries and necessities. Luxuries (necessities) are activities for which time and expenditure shares rise (decline …, the rise in the price of leisure luxuries has reduced welfare inequality while the rise in wage dispersion has increased … reallocations of time and expenditures across activities. This effect is quantitatively important for welfare inequality. Since 2003 …

Persistent link: https://www.econbiz.de/10012792724

Luxuries, necessities, and the allocation of time

Fang, Lei; Hannusch, Anne; Silos, Pedro - 2025

Persistent link: https://www.econbiz.de/10015399732

Luxuries, necessities, and the allocation of time

Fang, Lei; Hannusch, Anne; Silos, Pedro - 2025

luxuries and necessities amplifies the counteracting effects of wage and price on inequality. … wages, classifying them into luxuries or necessities, respectively. An estimated model with non-homothetic preferences shows … rising prices, especially of leisure luxuries, had a significant negative effect on inequality. The distinction between …

Persistent link: https://www.econbiz.de/10015196663

Optimal consumption/investment and retirement with necessities and luxuries

Koo, Hyeng-keun; Roh, Kum-Hwan; Shin, Yong Hyun - In: Mathematical methods of operations research : ZOR 94 (2021) 2, pp. 281-317

Persistent link: https://www.econbiz.de/10012793524

Differences across place and time in household expenditure patterns : implications for the estimation of equivalence scales

Daley, Angela; Garner, Thesia Isedora; Phipps, Shelley A.; … - 2020

Equivalence scales are often used to adjust household income for differences in characteristics that affect needs. For example, a family of two is assumed to need more income than a single person, but not double due to economies of scale in consumption. However, in comparing economic well-being...

Persistent link: https://www.econbiz.de/10012165604

Plane Ticket Price Dispersion in the Online Selling System in Poland

Szopiński, Tomasz - 2014

Many authors have studied the influence exerted by tourism on the economy. Today, Information and Communication Technologies (ICT) are an important factor influencing competitiveness in the tourism sector and consumers' decision-making concerning tourism purchases. Along with the expansion of...

Persistent link: https://www.econbiz.de/10013051196

Plane ticket price dispersion in the online selling system in Poland

Stanisław Szopiński, Tomasz; Nowacki, Robert - In: Contemporary economics 8 (2014) 2, pp. 207-218

Persistent link: https://www.econbiz.de/10010407288

The influence of purchase date and flight duration over the dispersion of airline ticket prices

Szopiński, Tomasz Stanisław; Nowacki, Robert - In: Contemporary economics 9 (2015) 3, pp. 353-366

For many years, the air travel market has been the most regulated sector of the economy. Within the last few decades, it has undergone profound change, which is largely a consequence of changes in the law. Another factor that exerted influence on the market was the popularization of new...

Persistent link: https://www.econbiz.de/10011392303

Consumer protection as a factor of destination competitiveness in the European Union

Petrović, Jelena; Milicevic, Snežana - In: Amfiteatru economic : an economic and business research … 19 (2017) 45, pp. 432-446

Many tourism destinations have enacted and implemented laws to protect residents as consumers that are relevance to tourists as consumers. In literature, consumer protection is not explicitly considered and analyzed in the area of destination competitiveness by research ers. This research...

Persistent link: https://www.econbiz.de/10011795511

The Influence of Purchase Date and Flight Duration Over the Dispersion of Airline Ticket Prices

Szopiński, Tomasz - 2015

Persistent link: https://www.econbiz.de/10013011487