Search results for "Consumption behaviour"
showing 5 items of 5 documents
Inequalities in Consumption Patterns over the Life Cycle and during the Great Recession
2015
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 an…
A Hierarchical Model for Analysing Consumption Patterns in Italy Before and During the Great Recession
2016
The paper aims to explore how the Great Recession of the twenty-first century has impacted on the consumption behaviour of Italian households. Following a hierarchical approach, the study investigates differences in consumption behaviour at both household and regional levels. Using micro data on Italian Household Expenditure for the years 2002, 2006, 2010 and 2012, multilevel and two-step regression models have been estimated. The analysis has been performed for four different consumption categories: food, housing, work-related and leisure. The analysis reveals that the economic crisis led to increasing income elasticity for each category of consumption, especially for food, the most essent…
Consumption Patterns and Family Life-Cycle. Some Evidence from Italy
2015
As a social and economic entity the family is changing continuously. Changes in family size and composition have significant effects on the family decision making process. The Italian context is an interesting subject for research as a result of the impact of demographic and economic changes in the early 2000s on new family structures and economic behaviour. Furthermore, in Italy in contrast to the past, both men and women are aiming for job security and satisfaction before marrying and starting a family. In the light of that, it is particularly interesting to investigate if consumption behaviour changes along the life cycle stages. Considering different family life stages enables us to exp…
Regional Disparities in Consumption Behaviour: Italian Households in Time of Crisis
2016
The relevant fact of the severe downturn due to the Great Recession is that declining consumer spending. The extent of the cutbacks in consumption expenditures differs among regions and also the distribution pattern across households differs. This paper examines how the 2008-9 crisis affected regional disparities in household consumption behaviour by analysing the distribution of the real total expenditure. Specifically, a mixture of regression models is used to explore the heterogeneity in total expenditure across regions and households by identifying groups of families with similar consumption behaviour as a function of certain socio-demographic and economic factors. The empirical analysi…
Inequalities in Consumption Patterns over the Life Cycle and the Great Recession
2015
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 an…