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Since the late 1970s, the price indices underlying the poverty lines in India have been updated using aggregate indices … consumption survey data. We propose an alternative approach that identifies poverty from consumer behaviour, based on the notion … higher levels of poverty in eastern India, and generally, smaller reductions in poverty from 2005 to 2010. Our poverty …
Persistent link: https://www.econbiz.de/10013086396
Since the late 1970s, the price indices underlying the poverty lines in India have been updated using aggregate indices … consumption survey data. We propose an alternative approach that identifies poverty from consumer behaviour, based on the notion … higher levels of poverty in eastern India, and generally, smaller reductions in poverty from 2005 to 2010. Our poverty …
Persistent link: https://www.econbiz.de/10009707597
measurement error in the consumption measure derived from the short questionnaire results in higher poverty estimates even if the … mapping of distribution functions reveals the combined effect of systematic differences in measurement and measurement error …. Using a pseudo crosssection approach, I eliminate the effect of measurement error and find that using a high level of …
Persistent link: https://www.econbiz.de/10014076006
We examine the effects of self-control mechanisms on saving behavior using the 2013 Survey of Consumer Finances (SCF), following the assumptions of research that analyzed the 1998 SCF. Self-control mechanisms include saving goals, foreseeable expenses, and saving rules. We find a positive effect...
Persistent link: https://www.econbiz.de/10012952444
Monitoring of poverty indexes and structure of household expenditures is one of diagnostic and warning tool for social … politics. Well-being or poverty of selected households’ groups can be illustrated not only by mentioned categories, but also by … possession of consumer durables. Thus, there is implication for poverty and possession (or lack) of some consumer durable goods …
Persistent link: https://www.econbiz.de/10014145291
This paper argues that the relation between temptations and the level of consumption plays a key role in explaining the observed behaviors of the poor. Temptation goods are defined to be the set of goods that generate positive utility for the self that consumes them, but not for any previous...
Persistent link: https://www.econbiz.de/10013144106
The objective of this note is to revisit the meaningfulness of the Condorcet Jury Theorem (CJT) and apply it to the recent debate on liberal paternalism and consumer protection. The CJT con-sists of two parts, (a) stating that a jury of experts is always more competent than a single expert given...
Persistent link: https://www.econbiz.de/10011403643
People frequently reward and punish other people if they perceive them to be responsible for the implementation of events that they like or dislike. However, the determinants of such responsibility perceptions are not well understood within economics. In this paper, I propose a notion of causal...
Persistent link: https://www.econbiz.de/10012934472
People often act out of a desire to be responsible for good and not for bad events. Similarly, people frequently reward and punish other people if they perceive them to be responsible for the implementation of events that they like or dislike. When the implementation of an event depends on the...
Persistent link: https://www.econbiz.de/10013358767
patterns can strengthen this effect. -- Consumer theory ; Engel curves ; Engel's law ; Structural change …
Persistent link: https://www.econbiz.de/10009671382