Determinantes del ingreso de los hogares y de su gasto corriente
AbstractThis empirical research analyzes the determinants of Colombian household revenues and expenditures. Using a life cycle model with data from the national household survey 1994-1995, the paper shows how the behavior of household income is mainly affected by demographic characteristics and by the social-occupational characteristics of its members. Expenditure behavior is determined principally by income and secondly by the social characteristics of the household and by the expenditure of other households with similar characteristics. The paper also analyzes the influence of income uncertainty on households expenditure, to see if the effect is due to a motive of precaution.
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Bibliographic InfoArticle provided by Universidad Externado de Colombia - Facultad de Economía in its journal Revista de Economía Institucional.
Volume (Year): 6 (2004)
Issue (Month): 10 (January-June)
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More information through EDIRC
household behavior; household income; household expenditure; uncertainty;
Find related papers by JEL classification:
- D10 - Microeconomics - - Household Behavior - - - General
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- D19 - Microeconomics - - Household Behavior - - - Other
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Miles, David, 1997. "A Household Level Study of the Determinants of Incomes and Consumption," Economic Journal, Royal Economic Society, vol. 107(440), pages 1-25, January.
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