Arbeitspapier
Durable Purchases over the Later Life Cycle
We investigate the life cycle patterns of households’spending on medium value durables. We use panel data on expenditures on appliances and consumer electronics the British Household Panel Study between 1997 and 2008. In cross section, expenditures for appliances and consumer electronics decrease strongly as households age. We show that this is entirely attributable to cohort effects and that when such effects are properly modelled, expenditure on consumer electronics rises with age. We also document important demand effects of household composition, labour supply and health status.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 1213
- Klassifikation
-
Wirtschaft
Consumer Economics: Empirical Analysis
- Thema
-
life cycle model
consumer behaviour
durables
Elektronisches Produkt
Produktlebenszyklus
Konsumentenverhalten
Dauerhafte Konsumgüter
Großbritannien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Browning, Martin
Crossley, Thomas
Lührmann, Melanie
- Ereignis
-
Veröffentlichung
- (wer)
-
Koç University-TÜSİAD Economic Research Forum (ERF)
- (wo)
-
Istanbul
- (wann)
-
2012
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Browning, Martin
- Crossley, Thomas
- Lührmann, Melanie
- Koç University-TÜSİAD Economic Research Forum (ERF)
Entstanden
- 2012
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