000 03577nam a22004695i 4500
001 978-3-319-02225-3
003 DE-He213
005 20200420211744.0
007 cr nn 008mamaa
008 131009s2014 gw | s |||| 0|eng d
020 _a9783319022253
_9978-3-319-02225-3
024 7 _a10.1007/978-3-319-02225-3
_2doi
050 4 _aHB71-74
072 7 _aKC
_2bicssc
072 7 _aBUS000000
_2bisacsh
082 0 4 _a330
_223
100 1 _aTaylor, Lester D.
_eauthor.
245 1 4 _aThe Internal Structure of U. S. Consumption Expenditures
_h[electronic resource] /
_cby Lester D. Taylor.
264 1 _aCham :
_bSpringer International Publishing :
_bImprint: Springer,
_c2014.
300 _aX, 198 p. 70 illus., 69 illus. in color.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _aPreface -- A Different Way of Looking at Consumption Behavior -- Stability of The Internal Structure of Consumption Expenditures -- Stability of The Internal Structure of Consumption Expenditure II: Interpretation and Further Analyses -- Effects of A Change In Expenditures For One Good on Expenditures of Other Goods -- Background, Interpretation, and Speculation -- A Brief Look at Intra-Budget Coefficients by Quintiles of Consumption Expenditure -- Estimation of Price Elasticities With Data From The BLS Consumer Expenditure Surveys -- Summary, Conclusions, and Final Exercises -- Appendix 1 Data and Definitions -- Appendix 2 Distributions of Residuals and Differences In Expenditure and Budget-Share Coefficients -- Appendix 3 Data Used in Chapter 7 -- References -- Index.
520 _aUsually, when we consider the information that is given in a household budget survey, we do so in terms of expenditures for different goods and services and how these relate to income, prices, and socio demographic factors such as age, family size, and education. Allocation of expenditures amongst different categories of consumption is seen as being determined by tastes and preferences acting in conjunction with a constraint imposed by prices and income. The parameters thus obtained are obviously useful in analyzing the impact on consumption resulting from changes in income and prices (should the latter be available), but income and price elasticities, in themselves, say little about the internal structure of consumption spending. How expenditures for housing, transportation, and personal care to pick three standard categories of consumption spending - are related to expenditures for food, for example, has never been a direct focus of empirical study. This book focuses on these relationships and provides insight into consumer behavior that complements and goes beyond that given by conventional price and income elasticities, making it of interest to students as well as economists in both government and academia concerned with consumer behavior.
650 0 _aEconomics.
650 0 _aManagement science.
650 0 _aMacroeconomics.
650 0 _aEconomic growth.
650 1 4 _aEconomics.
650 2 4 _aEconomics, general.
650 2 4 _aEconomic Growth.
650 2 4 _aMacroeconomics/Monetary Economics//Financial Economics.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783319022246
856 4 0 _uhttp://dx.doi.org/10.1007/978-3-319-02225-3
912 _aZDB-2-SBE
942 _cEBK
999 _c50873
_d50873