this paper, we employ German household expenditure data to estimate exact equivalence scales using several parametric …

Standard household economics assumes that couples pool their incomes and share the sum equally, which is a necessary … advancement of this paper is the use of panel data, which enables me to account for unobserved heterogeneity at the household …

and household welfare. We estimate Euler equations and measure the volatility of unpredictable changes in consumption as …, and document that despite the increase in household debt between 1983 and 2007, there was no decline in the proportion of …

analyze the corresponding consumption expenditure response and the extent to which this response is related to household …

. Hence, household consumption is not only determined by habit persistence but also by interpersonal comparisons. Most …

food demand in relation to food prices over time using data from the British National Food Survey (NFS) covering the period … 1975-2000. Demand elasticities with respect to price elasticities are estimated by solving a quadratic almost ideal demand … system (QUAIDS) model controlling also for total expenditure on food, region of residence, household size, age of head of …

single equation approach, is based on the specific category of household expenditures and the arbitrarily defined household … income and self-employment income, and uses information on all the household current consumption categories. The single …

In this paper it is shown that the intratemporal and intertemporal preferences of each decision maker in the household … account that household behavior is the outcome of joint decisions. The empirical findings indicate that there is heterogeneity … least two reasons. First, they suggest that to answer policy questions the household decision process should be …