Tourism and discretionary income allocation. Heterogeneity among households

Income composition, income trends, and income shortfalls of older households.

 For all age groups above 65, Social Security remains the primary source of income. In 2009, households ages 65–74 and households with members age 85 or above received 54 percent and 66 percent of their total household incomes, respectively, from Social Security benefits.  The importance of Social Security income increases with age. For households that had members ages 65– 69 in 2001, the sha...

A Longitudinal Approach to Measuring Income Mobility among Filipino Households

Discretionary expenditure and tourism consumption: insights from a choice experiment

Consumers’ decisions to spend money on tourism occur in the context of the other potential uses of their resources and corresponding values or utilities. While many studies have examined the demand for travel and tourism there is no known study that reveals how individuals and households make tradeoffs when allocating their spending between various potential categories of discretionary expendit...

Factors Affecting Nonfarm Income Diversification among Rural Farm Households in Central Nepal

Nonfarm activities play an important role in the determination of rural household income, consumption expenditure, and household food security. However, much less studies have been devoted to the factors that influence nonfarm income diversification by farm household in developing countries. Using cross-sectional data and a probit model, this study attempts to determine the factors influencing ...

Gender identity and relative income within households

We examine causes and consequences of relative income within households. We establish that gender identity – in particular, an aversion to the wife earning more than the husband impacts marriage formation, the wife’s labor force participation, the wife’s income conditional on working, marriage satisfaction, likelihood of divorce, and the division of home production. The distribution of the shar...