The DOI matches its Crossref record; 14 of the 14 references it cites were found in a registry or an index.
Consumer demand and the life-cycle allocation of household expenditures
Abstract
The purpose of this paper is to estimate the parameters of household preferences that determine the allocation of goods within the period and over the life cycle, using micro data. In doing so, the authors are able to identify important effects of demographics, labor market status, and other household characteristics on the intertemporal allocation of expenditure. They test the validity of the life-cycle model using excess sensitivity tests and find that controlling for demographics and labor market status variables can largely explain the excess sensitivity of consumption to anticipated changes in income.
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Citations
Cites
A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity
White, H. (1980) · Econometrica · doi:10.2307/1912934 · Cited by 25,861
Deaton, A. (1980) · Oxford University Research Archive (ORA) (University of Oxford) · Cited by 4,258
Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence
Hall, R. E. (1978) · Journal of Political Economy · doi:10.1086/260724 · Cited by 3,573
Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models
Hansen, L. P., & Singleton, K. J. (1984) · Econometrica · doi:10.2307/1911486 · Cited by 2,064
Panel data from time series of cross-sections
Deaton, A. (1985) · Journal of Econometrics · doi:10.1016/0304-4076(85)90134-4 · Cited by 1,439
Economics and Consumer Behaviour.
Wilkinson, R. K., Deaton, A., & Muellbauer, J. (1981) · Journal of the Royal Statistical Society. Series A (General) · doi:10.2307/2981834 · Cited by 963
A Life Cycle Model of Female Labour Supply
Heckman, J. J., & Macurdy, T. E. (1980) · The Review of Economic Studies · doi:10.2307/2297103 · Cited by 757
A Profitable Approach to Labor Supply and Commodity Demands over the Life-Cycle
Browning, M., Deaton, A., & Irish, M. (1985) · Econometrica · doi:10.2307/1911653 · Cited by 710
Self-citationWhat do we Learn About Consumer Demand Patterns from Micro Data
Blundell, R. W., Pashardes, P., & Weber, G. (1993) · Cited by 596
Self-citationConsumption Growth, the Interest Rate and Aggregation
Attanasio, O. P., & Weber, G. (1993) · The Review of Economic Studies · doi:10.2307/2298128 · Cited by 527
Cited by
Why Have Americans Become More Obese?
Cutler, D. M., Glaeser, E. L., & Shapiro, J. M. (2003) · Journal of Economic Perspectives · doi:10.1257/089533003769204371 · Cited by 1,312
The marginal utility of income
Layard, R., Mayraz, G., & Nickell, S. (2008) · Journal of Public Economics · doi:10.1016/j.jpubeco.2008.01.007 · Cited by 609
Attanasio, O. P., & Weber, G. (1995) · Journal of Political Economy · doi:10.1086/601443 · Cited by 608
Havranek, T., & Sokolova, A. (2020) · Review of Economic Dynamics · doi:10.1016/j.red.2019.05.004 · Cited by 141
Metadata
- Authors
- Blundell, R., Browning, M., & Meghir, C.
- Venue
- Working Paper Series
- Publisher
- Institute for Fiscal Studies
- Published
- 1993-10-26
- ISSN
- 1369-4685 (ISSN-L)
- 1742-0415
- OpenAlex
- W2055898843
- Cited by
- 455
- References
- 14
- Type
- paratext
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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