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23. November 2011

Seminar

Equivalence scales and fixed costs of consumption
Leibniz Seminar für Arbeitsmarktforschung (BeNA)

Termin

23. November 2011
6.30 - 8.00 pm

Ort

Wissenschaftszentrum Berlin
Raum B002/3
Reichpietschufer 50
10785 Berlin

Sprecher*innen

Carsten Schröder (Uni Kiel)

Abstract: Different family types may have a fixed flow of consumption costs, related to subsistence needs. We use a survey method in order to identify and estimate such a fixed component of spending for different families. Our method involves making direct questions about the linkup between aggregate disposable family income and well-being for different family types. Conducting our survey in six countries, Germany, France, Cyprus, China, India and Botswana, we provide evidence that fixed costs of consumption are embedded in welfare evaluations of respondents.

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