This paper presents a model of consumer demand that is consistent with the observed expenditure patterns of individual consumers in a long time series of expenditure surveys and is also able to provide a detailed welfare analysis of shifts in relative prices. A nonparametric analysis of consumer expenditure patterns suggests that Engel curves require quadratic terms in the logarithm of expendit...

This paper presents a model of consumer demand that is consistent with the observed expenditure patterns of individual consumers in a long time series of expenditure surveys and is also able to provide a detailed welfare analysis of shifts in relative prices. A nonparametric analysis of consumer expenditure patterns suggests that Engel curves require quadratic terms in the logarithm of expendit...

The current paper describes research focusing on the Consumer Expenditure Interview Survey. Over the years, data analysis has indicated that this survey may be underestimating expenditure levels (Gieseman,1987). This, combined with the fact that researchers increasingly depend on surveys as a fundamental source of data (Anderson, Kasper, and Frankel, 1979)leads us to investigate ways to improve...

O ne of the primary uses of data from the Consumer Expenditure Survey (CE) is the computation of weights representing the purchases of goods and services in the construction of the Consumer Price Index (CPI), a principal Federal economic indicator. Accurate representation of actual expenditures is thus critically important beyond usual data quality standards. The CE processing system has severa...

in recent years, medical and health care consumption has risen, making health risk an important determinant of household spending and welfare. we aimed to examine the determinants of medical and health care expenditure to help policy-makers in the improvement of china's health care system, benefiting the country, society and every household. this paper employs panel data from china's provinces ...

Wearable physical activity monitors are growing in popularity and provide the opportunity for large numbers of the public to self-monitor physical activity behaviours. The latest generation of these devices feature multiple sensors, ostensibly similar or even superior to advanced research instruments. However, little is known about the accuracy of their energy expenditure estimates. Here, we as...

Previous research by Tucker et al. (2007), working with the Consumer Expenditure Interview Survey (CE), explores the efficacy of measurement error indicators such as: interview length, extent and type of records used, the monthly patterns of reporting, and income question missing in a latent construct. Later research by Tucker, Meekins, and Biemer (2008) extend this latent class model to includ...

Price and Income Elasticities Estimated From BLS Consumer Expenditure Surveys and ACCRA Price Data Lester D. Taylor University of Arizona* This paper represents a low-key effort to estimate both price and income elasticities for several broad categories of expenditure from cross-sectional data sets that combine price information collected by ACCRA with the BLS Consumer Expenditure Surveys. Sixt...

Stability of U.S. Consumption Expenditure Patterns: 1996 1999 Lester D. Taylor University of Arizona A cornerstone of macroeconomic analysis since publication of Keynes’s General Theory in 1936 has been a strong belief in a stable aggregate consumption function. At a micro level, there has been an equally strong belief in invariant individual tastes and preferences. The usual approach in testin...