TY - GEN
T1 - Inequalities in Consumption Patterns over the Life Cycle and the Great Recession
AU - Cracolici, Maria Francesca
AU - Cuffaro, Miranda
PY - 2015
Y1 - 2015
N2 - The aim of the study is to analyse the relationship between recession, population structure and consumption behaviour over the life cycle. To this aim, we consider three clusters of non-durable expenditures such as food at home, work-related and core expenditures. The analysis has been performed on micro data on the Household Budgets for the period 1997-2013. Based on life cycle theory, two statistical models has been estimated, viz. a pre-crisis (1997-2007) and a great recession period (2008-2013) model. The study shows that the recession has entailed a reduction of the average expenditure for each category of consumption, and the intensity of the reduction is different among households and generations.
AB - The aim of the study is to analyse the relationship between recession, population structure and consumption behaviour over the life cycle. To this aim, we consider three clusters of non-durable expenditures such as food at home, work-related and core expenditures. The analysis has been performed on micro data on the Household Budgets for the period 1997-2013. Based on life cycle theory, two statistical models has been estimated, viz. a pre-crisis (1997-2007) and a great recession period (2008-2013) model. The study shows that the recession has entailed a reduction of the average expenditure for each category of consumption, and the intensity of the reduction is different among households and generations.
KW - Consumption behaviour
KW - cohort approach
KW - great recession
KW - life cycle analysis
KW - Consumption behaviour
KW - cohort approach
KW - great recession
KW - life cycle analysis
UR - http://hdl.handle.net/10447/285764
M3 - Conference contribution
SN - 9788867874521
BT - SIS 2015 Statistics and Demography: the legacy of Corrado Gini
ER -