Showing 1 - 10 of 22
In many research areas it is desirable to have information on household total expenditure ("consumption"). We draw evidence from several sources on the usefulness of recall consumption questions. We conclude that valid information can be collected by adding specific recall questions to general...
Persistent link: https://www.econbiz.de/10005763295
The life-cycle model is the standard framework which economists use to think about the intertemporal allocation of time, money and effort. The model suggests that households should `smooth' expenditures. One of the strengths of the model is that it provides a single framework which integrates...
Persistent link: https://www.econbiz.de/10005763303
The costs of involuntary job loss are of substantial research and policy interest. We consider the measurement of the cost of job displacement with household expenditure data. With a Canadian panel survey of individuals who experienced a job separation, we compare the consumption growth of...
Persistent link: https://www.econbiz.de/10005635198
We present a new class of social cost-of-living indices and a nonparametric framework for estimating these and other social cost-of-living indices. Common social cost-of-living indices can be understood as aggregator functions of approximations of individual cost-of-living indices. The Consumer...
Persistent link: https://www.econbiz.de/10005763263
Using longitudinal data from the Canadian National Population Health Survey (NPHS), we study the relationship between health and employment among older Canadians. We focus on two issues: (1) the possible problems with self-reported health, including endogeneity and measurement error, and (2) the...
Persistent link: https://www.econbiz.de/10005763270
Household expenditure data is an important input into the study of consumption and savings behaviour and of living standards and inequality. Because it is collected in many surveys, food expenditure data has formed the basis of much work in these areas. Recently, there has been considerable...
Persistent link: https://www.econbiz.de/10005763272
This paper uses a time-series of cross-sections drawn from three different surveys to explore life-cycle profiles of housing arrangements in Canada. Synthetic cohort (quasi-panel) methods are employed to disentangle age profiles from cohort effects. The results suggest limited "downsizing" in...
Persistent link: https://www.econbiz.de/10005763280
This paper is an attempt to answer the long standing question of whether households with higher lifetime income save a larger fraction of their income. The major difficulty in empirically assessing the relationship between lifetime incomes and saving rates is to construct a credible proxy for...
Persistent link: https://www.econbiz.de/10005763306
The use of self assessed health status as a measure of health is common in empirical research. We analyse a unique Australian survey in which a random sub-sample of respondents answer a standard self assessed health question twice -- before and after an additional set of health related...
Persistent link: https://www.econbiz.de/10005763314
This paper shows that a power utility specification of preferences over total expenditure (ie. CRRA preferences) implies that intratemporal demands are in the PIGL/PIGLOG class. This class generates (at most) rank two demand systems and we can test the validity of power utility on cross-section...
Persistent link: https://www.econbiz.de/10005763322