Showing 1 - 10 of 392
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countries wealth affects life satisfaction more than income. In the countries for which consumption data are available (Britain … and Hungary), non-durable consumption expenditures also prove at least as important to happiness as income. Further …, results from panel regression fixed effects models indicate that changes in wealth, income and consumption all produce …
Persistent link: https://www.econbiz.de/10010261968
This paper finds declining consumption expenditure between paydays, for a typical household in the working population …
Persistent link: https://www.econbiz.de/10010262166
subcategories such as cereals, or meat and fish, and other consumption categories such as alcohol and tobacco, medical, and … ?consumption expenditure patterns. We find some differences in consumption patterns which relate to differences in gender of …
Persistent link: https://www.econbiz.de/10010262418
This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During … wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households … both reduce their consumption and increase their savings in response to an exogenous decline in income. …
Persistent link: https://www.econbiz.de/10010262612
This paper describes the transmission of income inequality into consumption inequality and in so doing investigates the … degree of insurance to income shocks. It combines panel data on income from the PSID with consumption data from repeated CEX … found to play an important role in insuring permanent shocks. Adding durable expenditures to the consumption measure …
Persistent link: https://www.econbiz.de/10010292960
Recent theoretical contributions have suggested consumption externalities, or peergroup effects, as a potential … intertemporal consumption choice is a completely open question. To shed some light on the issue, we derive an extension of the … standard life-cycle model that allows for consumption externalities. The analysis is complicated by the challenge of …
Persistent link: https://www.econbiz.de/10010292999
Recent theoretical advances in consumption theory suggest that there may exist predictable consumption surges which, if … identify economic variables that might help improve the OECD's forecasts for Germany's consumption and GDP growth. …
Persistent link: https://www.econbiz.de/10010295325
Since the beginnings of the eighties house prices in the Netherlands haveincreased steadily and considerably. In this paper we study the effect of this developmenton the demand for second mortgages and on the savings of Dutch households. We use the dataof the Dutch socio-economic panel for the...
Persistent link: https://www.econbiz.de/10010325002