Search Results - subject_exact:"Consumption theory"

The conspicuous consumption phenomenon in Saudi Arabia

Meteb, Alotaibi Mohamed - 2024

With Saudi Arabia's tendency to implement a policy of economic openness to the world from the early 1980s, the phenomenon of conspicuous consumption (society of consumption and imitation) has increased. Due to the adoption of the concepts of economic globalization, changing consumption patterns,...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015413390

Households' inflation expectations and consumption in macroeconomic models : a negative real income channel

Mašek, Frantisek - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015625682

Substitution and income effects of labor income taxation

Graber, Michael; Håvarstein, Morten; Mogstad, Magne; … - 2026

The elasticity of taxable income (ETI) parameter is a key quantity in empirical analysis of tax policy and labor supply. We examine when a commonly applied class of ETI estimands can be used to learn about individuals' ETI parameters and their (un)compensated elasticities of labor supply. We...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015632835

A demand systems analysis of energy sources in the United States

Bakhtavoryan, Rafael - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015617010

Household consumption in Colombia: a nonlinear cointegrating approach

Arango Thomas, Luis Eduardo; Flórez, Luz A.; Posada, … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015617560

Optimal consumption and portfolio choice with no-borrowing constraint in the Kim-Omberg model

Ferrari, Giorgio; Schütz, Tim Niclas - 2026

In this paper, we study an intertemporal utility maximization problem in which an investor chooses consumption and portfolio strategies in the presence of a stochastic factor and a no-borrowing constraint. In the spirit of the Kim-Omberg model, the stochastic factor represents the excess return...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015609775

Intertemporal self-insurance and excess sensitivity of affluent households

Savoia, Ettore - 2026

This paper studies household consumption behavior when saving motives differ due to preference or income risk heterogeneity. I show that self-insurance operates along two margins: a standard liquidity margin determined by the level of current resources and an intertemporal margin governed by...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015612455

Mortgage end, consumption reaction and portfolio allocation

Castagno, Elisa - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015642029

Subjective uncertainty and the marginal propensity to consume

Koşar, Gizem; Melcangi, Davide - 2026

Earnings uncertainty is central to most heterogeneous-household models. Yet, there is little evidence on how subjective uncertainty, the uncertainty individuals actually perceive, is related to consumption behavior. Using unique data from the Survey of Consumer Expectations, we show that the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015638547

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Subjective uncertainty and the marginal propensity to consume

Koşar, Gizem; Melcangi, Davide - 2025

Book / Working Paper

Elasticity of marginal utility of consumption : the equal-sacrifice approach applied for the Czech Republic

Opatrný, Matěj; Ščasný, Milan - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652850

Neural demand estimation with habit formation and rationality constraints

Grzeskiewicz, Marta - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652614

Time-consistent individuals, time-inconsistent households

Hertzberg, Andrew - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015650561

Crowding out or Ricardian behaviour? : evidence from South Africa

Sanusi, Kazeem Abimbola; Dickason Koekemoer, Zandri - 2026

This paper examines whether government debt financing crowds out private consumption in South Africa or whether household behaviour is consistent with Ricardian equivalence. Using quarterly data from 1960Q1 to 2025Q1, the study employs a Bayesian time-varying parameter framework that...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015652204

Macro theory with measured expectations

Luetticke, Ralph; Roth, Christopher; Wiederholt, Mirko; … - 2026

The Lucas critique holds that policy evaluations based on historical correlations can fail because policy changes alter expectation formation. We develop a new approach to monetary policy evaluation that addresses this concern: we elicit expectations under alternative policy scenarios from...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654379

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Macro theory with measured expectations

Luetticke, Ralph; Roth, Christopher; Wiederholt, Mirko; … - 2026

Book / Working Paper

Macro theory with measured expectations

Luetticke, Ralph; Roth, Christopher; Wiederholt, Mirko; … - 2026

Book / Working Paper

Transitory shocks and consumption dynamics : pent-up demand or hand-to-mouth?

Brown, Martin; Hamoud, Mohamed; Toczynski, Jan - 2026 - This version: May 2026

We examine the recovery of U.S. consumer spending following the COVID-19 recession using monthly transaction data for over 34,000 individuals. We find limited evidence that cutbacks in spending on in-person services or durables during the recession generated pent-up demand. Instead, spending...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015654807

A model of consumption with mental accounting and heterogeneous agents

Gimeno-Ribes, Jaime - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015655481

Comment on “Mental accounts and consumption sensitivity across the distribution of liquid assets” by Graham and McDowall (2026)

Gimeno-Ribes, Jaime - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015655630

Heterogeneity and aggregate consumption : an empirical assessment

Debortoli, Davide; Galí, Jordi - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015374882

Towards a realistic view of consumer behaviour

Sheaff, Rod - 2025

Marginal utility (MU) theories of consumer demand assume that consumers try to maximise a generic benefit ('utility') by selecting purchases giving equal MU per unit of cost, from which are predicted the observed relationships between price changes and quantities of demanded consumer goods....

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015376340

Subjective uncertainty and the marginal propensity to consume

Kosar, Gizem; Melcangi, Davide - 2025

Earnings uncertainty is central to most heterogeneous-household models. Yet, there is surprisingly little evidence on how subjective uncertainty is related to consumption behavior. Using unique data from the Survey of Consumer Expectations, we show that the marginal propensity to consume (MPC)...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015371804

Scanner data and the construction of inter-regional price indexes

Shimizu, Chihiro; Diewert, Walter E.; Abe, Naohito; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015330916

Risk sharing tests and covariate shocks

Ligon, Ethan - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014338984

Subjective income risk and precautionary saving

Castaldo, Stefano; Tirelli, Mario - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015193353

Preference for consumption predictability and the equity premium puzzle

Cassou, Steven Peter; Vázquez, Jesús - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015481247

The revealed preference theory of aggregate object allocations

Salman, Umutcan - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015482890

Sustainable food consumption behaviors of generations Y and Z : a comparison study

My Hanh Doan; Drossel, Anna-Lena; Sassen, Remmer - 2025

This study examines the differences in food consumption behaviors between generations Y and Z to support the strategy development for a generational transition towards sustainable food consumption. Empirical data for the study is collected through an online survey with the participation of 175...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015455823

The effect of health on the marginal utility of consumption : evidence based on household consumption expenditure

Amo-Agyei, Silas - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015462438

Elasticity of intertemporal substitution in the euro area

Marenc̆ák, Michal; Giang Hong Nghiem - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015463467

How promoting access-based consumption provokes overconsumption

Trabandt, Melanie; Lasarov, Wassili; Mai, Robert; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015464112

Self-control cycles

Ikeda, Shinsuke; Ojima, Takeshi - 2025

Consumers often exhibit behavioral cycles with alternating abstinence and indulgence over time. In the framework of tempting good consumption under limited willpower, we develop a simple model of the self-control cycles. To do so, based on the empirically relevant property of self-control, we...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015441340

Unpacking household Engel curves

De Vreyer, Philippe; Lambert, Sylvie; Ravallion, Martin - 2025 - This version: April 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015446415

Life-cycle dynamics of consumption preferences

Li, Xue; Zheng, Hantian - 2025

This study investigates the dynamic impact of population aging on consumption preferences in China, a critical area given consumption's role in global economic growth and the country's accelerating demographic shifts. Utilizing pooled panel data from the 2015, 2017, and 2019 China Household...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015467222

Optimal insurance policies and saving in a temporal world

Aase, Knut K. - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015471597

Disaggregation of hourly electricity consumption into subconsumptions

Yucekaya, Ahmet; Bilge, Ayse H.; Yukseltan, Ergun; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015472010

Liquidity constraints, income variance, and buffer stock savings : experimental evidence

Duffy, John; Orland, Andreas - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015472979

Demand systems without errors

Crawford, Ian - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015473023

Income disaster model with optimal consumption

Park, Seyoung - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015450342

Hysteresis in addictive consumption depends on time preferences

Dubois, Dimitri; Massin, Sophie; Nguyen-Van Phu; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015455116

What's in a u?

Alaoui, Larbi; Penta, Antonio - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015437698

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What's in a u?

Alaoui, Larbi; Penta, Antonio - 2025

Book / Working Paper

Marital stability with committed couples : a revealed preference analysis

Freer, Mikhail; Surana, Khushboo - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015425342

Life cycle consumption and portfolio choice under real interest rate risk

Fischer, Marcel; Jankowski, Natascha - 2025 - This version: April 30, 2025

We set up a life cycle model with real interest rate risk to demonstrate that real interest rates have implications for optimal household consumption and investments. Lower interest rates lead to higher optimal stock investments and lower consumption. Ignoring the time-varying nature of real...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015426517

A taste for variety

Ashkenazi-Golan, Galit; Karos, Dominik; Lehrer, Ehud - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015427177

Income and price effects in intertemporal consumer problems

Dragone, Davide; Vanin, Paolo - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015433219

Effect of climate-related disasters on consumption : theory and evidence from Bangladesh

Roy, Amit - 2025

As countries grapple with the aftermath of climate-related disasters, the disruptions they inflict on domestic consumption ripple through the fabric of income and price level shocks. The income shock emanates from the adverse effects of such disasters on economic agents, leading to both wage and...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015411771

Change in household demand in the context of concerns regarding the transition to a healthy diet

Alexandri, Cecilia; Pauna, Bianca; Saman, Corina - 2025

This article investigates household consumption in 2011 and 2021, to see if there is evidence of changes in household demands of food. The European policy from Farm to Fork aims at providing sustainable, healthy food for all consumers, through an increase in vegetable consumption at the expense...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015415122

Do households substitute intertemporally? : 10 structural shocks that suggest not

Crawley, Edmund - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015406715

A framework for measuring physical garment durability

Guo, Yue; Morris, Kate E.; Sumner, Mark; Taylor, Mark - 2025

Measuring the physical durability of garments is difficult and current assessment methods lack objectivity and reliability or don't reflect the complex nature of durability for different garment categories. This study presents a novel and reproducible methodology for testing and ranking the...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015393781

The market for inflation risk

Bahaj, Saleem; Czech, Robert; Ding, Sitong; Reis, Ricardo - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015394616

Heterogeneity and aggegate consumption : an empirical assessment

Debortolí, Davide; Galí, Jordi - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015395077

Profiles of green and non-green consumers : a three-country study

Wilska, Terhi-Anna; Rantala, Eero; Nyrhinen, Jussi - 2025

The objective of this article was to detect green and non-green consumer profiles in Finland, Sweden, and the United Kingdom (UK), based on the perceived importance of product criteria (e.g. green production, price, quality, fashionability) in consumers' purchase decisions. We also examined...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015396787