Household Age Structure And Consumption In Serbia
AbstractThe influence of demographic variables on household consumption level and structure is understood but insufficiently studied in Serbia. This paper analyzes the connection between age as a demographic variable, and the size and structure of household consumption as economic phenomena. We discuss the research results, trying to explain the intensity and direction of the shown connection. The economic variables are usually set as determinants of demographic processes, but we set age as an independent demographic variable shaping household consumption without ignoring the household income level. It seems that the age structure of a household, particularly the age of the household head, has a significant influence on consumption structure.
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Bibliographic InfoArticle provided by Faculty of Economics, University of Belgrade in its journal Economic Annals.
Volume (Year): 57 (2012)
Issue (Month): 195 (October - December)
Find related papers by JEL classification:
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
- J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- D91 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Consumer Choice; Life Cycle Models and Saving
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- Mathieu Lefebvre, 2006. "Population ageing and consumption demand in Belgium," CREPP Working Papers 0604, Centre de Recherche en Economie Publique et de la Population (CREPP) (Research Center on Public and Population Economics) HEC-Management School, University of Liège.
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