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Many studies on household energy efficiency investments suggest that a wide range of seemingly profitable investments are not taken up. This paper provides novel evidence on the main factors behind consumer choices using the OECD Survey on Household Environmental Behaviour and Attitudes. The...
Persistent link: https://www.econbiz.de/10010464907
This paper compares the saving behavior of formal and informal workers and additionally provides a socioeconomic and financial characterization of informal workers in Chile. The paper uses the Financial Household Survey conducted by the Central Bank of Chile in 2007, 2008, 2009 and 2010, which...
Persistent link: https://www.econbiz.de/10011290974
This paper presents our findings on the structural relationship between household income and consumption expenditure in the township of Kohima. It is based on the primary data collected from 209 households inhabiting 19 wards of the township. It is found that about 56 percent of households are...
Persistent link: https://www.econbiz.de/10014215892
This paper uses a seminonparametric model and Consumer Expenditure Survey data to estimate life cycle profiles of consumption, controlling for demographics, cohort and time effects. In addition to documenting profiles for total and nondurable consumption, we devote special attention to the age...
Persistent link: https://www.econbiz.de/10014101518
A set of newly added questions in the 2011 to 2014 Bank of England/NMG Consulting Survey reveals that British households are estimated to change their consumption by significantly more in reaction to temporary and unanticipated falls in income than to rises of the same size. Household balance...
Persistent link: https://www.econbiz.de/10012963144
In this paper, we make three substantive contributions:first, we use elicited subjective income expectations to identify the levels of permanent and transitory income shocks in a life-cycle framework; second, we use these shocks to assess whether households' consumption is insulated from them;...
Persistent link: https://www.econbiz.de/10012908313
We use detailed Norwegian administrative data to identify the income loss associated with the onset of unemployment and analyze the corresponding consumption expenditure response and the extent to which this response is related to household balance sheet components. Unemployment results in a...
Persistent link: https://www.econbiz.de/10015179407
We explore the consistency at household-level between register-imputed and survey-based consumption figures for Denmark over the period 2002-15. Furthermore, we analyse the differences between consumption functions estimated on the basis of the two types of microdata. We find that there is a...
Persistent link: https://www.econbiz.de/10011948191
This paper characterizes household spending in education using microdata from income and expenditure surveys for 12 Latin American and Caribbean countries and the United States. Bahamas, Chile and Mexico have the highest household spending in education while Bolivia, Brazil and Paraguay have the...
Persistent link: https://www.econbiz.de/10011661872
Obtaining the best possible estimates of consumer expenditures is crucial to proper construction of consumption data and applied economic research on consumer behavior. Measuring consumer expenditures well is complex and difficult. The challenges, which are manifest in discrepancies between...
Persistent link: https://www.econbiz.de/10011662584