Showing 1 - 10 of 2,609
We study the dynamics of consumption, the real interest rate, and measures of labor input in Japan over the period from … interest rate policy pursued by the Bank of Japan and the surprise increase in the consumption tax rate in April 1997. Formal … parameters governing household consumption and labor supply decisions. Specifically, following the tax hike and during the low …
Persistent link: https://www.econbiz.de/10013405409
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nutritional gains from eating meat, without having a significantly adverse environmental impact, i.e. sustainable meat consumption … meant that meat consumption has also risen. India is an example of a country where a large share of the population has been … interactions and globalisation are two factors that explain this shift in consumption behaviour, especially amongst Hindu …
Persistent link: https://www.econbiz.de/10011944559
Much of the literature on the effect of housing wealth on consumption has been embedded in a simple life-cycle model in … changes in consumption. However, this might constitute a fallacy of composition. Such models ignore that changes in housing … the classic Ando-Modigliani consumption function augmented by housing wealth can be deduced. It is shown that the deeper …
Persistent link: https://www.econbiz.de/10010337472
We use CHIP data from 1995, 2002, and 2013 to investigate inequality in urban household consumption expenditures …. Overall inequality in urban household consumption expenditures measured by the Gini coefficient decreased slightly from 0 … to a greater extent. However, the percentile ratio of p90/p10 shows that consumption inequality always increased. In …
Persistent link: https://www.econbiz.de/10011876575
consumption commitment for most households { their monthly rent or mortgage payment. I find that non-durable and food spending … weekly, biweekly and monthly income streams but the same timing of rent/mortgage payments have very similar consumption …
Persistent link: https://www.econbiz.de/10011940006
changes in disposable income around the country's financial crisis in 2008, to plot the life-cycle path of consumption and … income for different education groups and to estimate the level of consumption smoothing. We split households into three … educated engage in more consumption smoothing than those without a university degree. We also construct a measure for marginal …
Persistent link: https://www.econbiz.de/10013287969
Through certainty equivalent consumption (CE) measures, we show that dispersion of current earnings, expenditures, and … consumption, as well as uncertainty and demographic composition. Rising inequality has offset about 1/4 of the welfare gains from … higher consumption, with most of the losses accruing after 2000. …
Persistent link: https://www.econbiz.de/10013382060
The cost-of-living crisis has increased attention on consumption and how it differs for particular societal groups …. There is much theoretical evidence that consumption patterns of men and women should differ, but the empirical evidence is … scant, due in part to the availability of individual-level consumption data. This paper tackles the question of consumption …
Persistent link: https://www.econbiz.de/10014495724
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