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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