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Author : M. Bruce Johnson
Publisher :
ISBN 13 : 9780140802993
Total Pages : 159 pages
Book Rating : 4.8/5 (29 download)
Download or read book Household Behaviour: Consumption, Income and Wealth written by M. Bruce Johnson and published by . This book was released on 1971-01-01 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Carlos Caceres
Publisher : International Monetary Fund
ISBN 13 : 1498316476
Total Pages : 32 pages
Book Rating : 4.4/5 (983 download)
Download or read book Analyzing the Effects of Financial and Housing Wealth on Consumption using Micro Data written by Carlos Caceres and published by International Monetary Fund. This book was released on 2019-05-24 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the existence of “wealth effects” derived from net equity (in the form of housing, financial assets, and total net worth) on consumption. The study uses longitudinal household-level data?from the Panel Study of Income Dynamics (PSID) ?covering about 7,000-9,000 households in the U.S., with the estimations carried over the period 1999-2017. Overall, wealth effects are found to be relatively large and significant for housing wealth, but less so for other types of wealth, including stocks. Furthermore, the analysis shows how these estimated marginal propensities to consume (MPC) from wealth are closely linked to household characteristics, including income and demographic factors. Finally, underlying structural changes in household characteristics point to potentially lower aggregate MPCs from wealth going forward.
Author : M. Bruce Johnson
Publisher :
ISBN 13 :
Total Pages : 159 pages
Book Rating : 4.:/5 (812 download)
Download or read book Household Behavior written by M. Bruce Johnson and published by . This book was released on 1971 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Peter Kooreman
Publisher : Bloomsbury Publishing
ISBN 13 : 1349254363
Total Pages : 252 pages
Book Rating : 4.3/5 (492 download)
Download or read book The Economics of Household Behavior written by Peter Kooreman and published by Bloomsbury Publishing. This book was released on 1997-03-14 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new text focuses upon the growing interest in the economic behaviour of households and families and examines the microeconomic behaviour of household units and their place in the macroeconomic environment. By combining a number of aspects of household behaviour the authors have produced a stimulating and innovative international text in this topical area.
Author : R. Tiff Macklem
Publisher :
ISBN 13 : 9780662225034
Total Pages : 67 pages
Book Rating : 4.2/5 (25 download)
Download or read book Wealth, Disposable Income and Consumption written by R. Tiff Macklem and published by . This book was released on 1994 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report develops a measure of aggregate private sector wealth in Canada that includes financial, physical, and human wealth, and examines the ability of this wealth measure to explain aggregate consumption. The relationship between consumption and wealth is explored both to gauge the usefulness of the wealth measures developed and to improve upon empirical consumption models for Canada. The study augments the standard EC consumption model with a comprehensive measure of wealth, thus partly bridging the gap between life cycle-permanent income consumption equations and the more empirically motivated EC consumption models based on disposable income.
Author : Lequiller François
Publisher : OECD Publishing
ISBN 13 : 9264214631
Total Pages : 520 pages
Book Rating : 4.2/5 (642 download)
Download or read book Understanding National Accounts Second Edition written by Lequiller François and published by OECD Publishing. This book was released on 2014-10-20 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an update of OECD 2006 "Understanding National Accounts". It contains new data, new chapters and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010.
Author : Edward N. Wolff
Publisher : Edward Elgar Publishing
ISBN 13 : 1847203175
Total Pages : 461 pages
Book Rating : 4.8/5 (472 download)
Download or read book International Perspectives on Household Wealth written by Edward N. Wolff and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt: Editor Wolff is a leading authority on income, wealth, and inequality in the US, and contributing authors are well-respected experts in their field. Overall, the research is high quality, and most papers include a substantial list of references. A plethora of data is considered, and much statistical evidence is presented. . . . A useful contribution to the literature on income distribution and wealth inequality. Recommended. E. Kacapyr, Choice The contributors to this comprehensive book compile and analyse the latest data available on household wealth using, as case studies, the United States, Canada, Germany, Italy, Sweden, and Finland during the 1990s and into the twenty-first century. The authors show that in the US, trends are highlighted in terms of wealth holdings, among the low-income population, along with changes in wealth polarization, racial differences in wealth holdings, and the dynamics of portfolio choices. The consensus between the authors is that wealth inequality has generally risen among these OECD countries since the early 1980s, although Germany stands out as an exception. In the case of the US, it is also noted that wealth holdings have generally failed to improve among low-income families and that the racial wealth gap widened during the late 1980s. International Perspectives on Household Wealth also contains new results on a number of topics, including measures and changes of wealth polarization in the US, measurement and changes of portfolio span in the US, asset holdings of low-income households in the US, and the effects of parental resources on asset holdings in Chile. Academic, government, and public policy economists in OECD countries, as well as those in so-called middle-income countries around the world, will find much to engage them within this book. It will also appeal to academics and researchers of international and welfare economics and other social scientists interested in the issue of inequality.
Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (124 download)
Download or read book Household Production and Consumption written by and published by . This book was released on 1976 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph of conference papers on consumer behaviour, household production and unpaid work - covers population behaviour of the household, labour market behaviour of individuals, time budgeting, etc., and examines the level of aggregation, measurement and policy in consumption analysis using econometric models, cost benefit analysis, etc. Graphs references and statistical tables. Conference held in Washington 1973 November 30 and December 1.
Author : Christopher D. Carroll
Publisher : University of Chicago Press
ISBN 13 : 022612665X
Total Pages : 517 pages
Book Rating : 4.2/5 (261 download)
Download or read book Improving the Measurement of Consumer Expenditures written by Christopher D. Carroll and published by University of Chicago Press. This book was released on 2015-06-16 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robust and reliable measures of consumer expenditures are essential for analyzing aggregate economic activity and for measuring differences in household circumstances. Many countries, including the United States, are embarking on ambitious projects to redesign surveys of consumer expenditures, with the goal of better capturing economic heterogeneity. This is an appropriate time to examine the way consumer expenditures are currently measured, and the challenges and opportunities that alternative approaches might present. Improving the Measurement of Consumer Expenditures begins with a comprehensive review of current methodologies for collecting consumer expenditure data. Subsequent chapters highlight the range of different objectives that expenditure surveys may satisfy, compare the data available from consumer expenditure surveys with that available from other sources, and describe how the United States’s current survey practices compare with those in other nations.
Author : National Academies of Sciences Engineering and Medicine
Publisher :
ISBN 13 : 9780309712316
Total Pages : 0 pages
Book Rating : 4.7/5 (123 download)
Download or read book Creating an Integrated System of Data and Statistics on Household Income, Consumption, and Wealth written by National Academies of Sciences Engineering and Medicine and published by . This book was released on 2024-12-26 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many federal agencies provide data and statistics on inequality and related aspects of household income, consumption, and wealth (ICW). However, because the information provided by these agencies is often produced using different concepts, underlying data, and methods, the resulting estimates of poverty, inequality, mean and median household income, consumption, and wealth, as well as other statistics, do not always tell a consistent or easily interpretable story. Measures also differ in their accuracy, timeliness, and relevance so that it is difficult to address such questions as the effects of the Great Recession on household finances or of the Covid-19 pandemic and the ensuing relief efforts on household income and consumption. The presence of multiple, sometimes conflicting statistics at best muddies the waters of policy debates and, at worst, enable advocates with different policy perspectives to cherry-pick their preferred set of estimates. Achieving an integrated system of relevant, high-quality, and transparent household ICW data and statistics should go far to reduce disagreement about who has how much, and from what sources. Further, such data are essential to advance research on economic wellbeing and to ensure that policies are well targeted to achieve societal goals. Creating an Integrated System of Data and Statistics on Household Income, Consumption, and Wealth reviews the major household ICW statistics currently produced by U.S. statistical agencies and provides guidance for modernizing the information to better inform policy and research, such as understanding trends in inequality and mobility. This report provides recommendations for developing an improved 21st century data system for measuring the extent to which economic prosperity is shared by households throughout the population and for understanding how the distribution of resources is affected by government policy and economic events.
Author : Edward N. Wolff
Publisher :
ISBN 13 :
Total Pages : 280 pages
Book Rating : 4.:/5 (318 download)
Download or read book Studies in the Distribution of Household Wealth written by Edward N. Wolff and published by . This book was released on 1993 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Michael Palumbo
Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.E/5 ( download)
Download or read book On the Relationships Between Real Consumption, Income, and Wealth written by Michael Palumbo and published by . This book was released on 2002 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Gabriele Pauliuk
Publisher : GRIN Verlag
ISBN 13 : 334636738X
Total Pages : 27 pages
Book Rating : 4.3/5 (463 download)
Download or read book What is more important in case of consumption: Current income or expectations? written by Gabriele Pauliuk and published by GRIN Verlag. This book was released on 2021-03-18 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2014 in the subject Sociology - Consumption and Advertising, , language: English, abstract: The main goal of this paper will be to determine which of the two is more important in case of consumption. First of all, a theoretical analysis of the possible explanations of each relationship based on the existing literature will be presented. Then the research will proceed to the empirical tests (correlation and regression using SPSS Statistics software) of a created model based on consumption, gross national income as well as length of retirement in the United States and the United Kingdom over the period of 46 years. The piece will finalise with some general conclusions that can be drawn from the conducted research. Consumer behaviour is a subject of interest to many different players in the economy. Companies gather information on their current and potential customers to determine their selling and production strategies based on what their target customers might want, need, the timing at which to introduce new products, the prices to suit their tastes etc. Governments use the information on their citizens’ spending habits to figure out what policies to implement to receive effective results and garner political support for re-election. People themselves should be acquainted with the subject of consumer behaviour to better understand and use personal spending under different political, economic and social circumstances to lead more stable lives. Because of the immense interest in the subject of consumption many efforts have been put into research to distinguish the most important factors that influence consumer behaviour and so far much of such literature has been dedicated to the influence of current income and expectations (specifically expectations about future income).
Author : Albert Ando
Publisher : Cambridge University Press
ISBN 13 : 0521452082
Total Pages : 419 pages
Book Rating : 4.5/5 (214 download)
Download or read book Saving and the Accumulation of Wealth written by Albert Ando and published by Cambridge University Press. This book was released on 1994-03-25 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking Italy as their field of research, the contributors conduct a coherent analysis of households' saving behaviour.
Author : Georgi Chukalev
Publisher :
ISBN 13 : 9789545670688
Total Pages : 43 pages
Book Rating : 4.6/5 (76 download)
Download or read book Consumption, Income and Household Wealth written by Georgi Chukalev and published by . This book was released on 2010 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Households Consumption Under the Habit Formation Hypothesis written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Alvin Tan
Publisher :
ISBN 13 :
Total Pages : 43 pages
Book Rating : 4.:/5 (247 download)
Download or read book Consumption and Wealth written by Alvin Tan and published by . This book was released on 2000 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two remarkable features of the Australian economy over recent years have been strong growth in private consumption expenditure and household wealth. This paper examines the relationship between consumption and wealth in an effort to better understand aggregate consumption behaviour. We find a reasonably robust steady-state relationship between non-durables consumption, labour income and aggregate household wealth for the period 1988:Q4,1999:Q3. Based upon this relationship, an increase in per capita wealth of one dollar is eventually associated with a rise in annual non-durables consumption of approximately four cents. We also find that changes in both non-financial and financial assets have significant effects on consumption. Above-trend growth of wealth in recent years has contributed significantly to growth in consumption over this time. A further noteworthy result concerns the recent demutualisations and share floats in Australia; perhaps surprisingly, we find no evidence that these events had a significant effect on consumption growth. Finally, we place our results within the broader empirical literature and examine whether they are consistent with standard economic theories of consumption.
