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Wants and Working Wives: Household Demand and Saving in Australia

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  • ROSS A. WILLIAMS

Abstract

Household survey data are used to compare the consumption and savings behaviour of families in which both husband and wife work with the behaviour when only the husband is employed. Other household characteristics allowed for are age, socio‐economic class and family size. A linear systems model is used and attention is focused on alternative methods of estimating the parameters of the Klein‐Rubin utility function. The preferred method involves the use of information from time‐series studies in estimating the ‘subsistence’ parameters.

Suggested Citation

  • Ross A. Williams, 1978. "Wants and Working Wives: Household Demand and Saving in Australia," The Economic Record, The Economic Society of Australia, vol. 54(1), pages 32-44, April.
  • Handle: RePEc:bla:ecorec:v:54:y:1978:i:1:p:32-44
    DOI: 10.1111/j.1475-4932.1978.tb00314.x
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    References listed on IDEAS

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    1. Muellbauer, John, 1974. "Household composition, Engel curves and welfare comparisons between households : A duality approach," European Economic Review, Elsevier, vol. 5(2), pages 103-122, August.
    2. N. T. Drane, 1970. "DISCRETIONARY SPENDING, AND PROBLEMS OF THE CONSUMER SECTOR-super-1," Economic Papers, The Economic Society of Australia, vol. 1(34), pages 1-23, July.
    3. N. Podder, 1971. "Patterns of Household Consumption Expenditures in Australia," The Economic Record, The Economic Society of Australia, vol. 47(3), pages 379-398, September.
    4. Lluch, Constantino & Powell, Alan, 1975. "International comparisons of expenditure patterns," European Economic Review, Elsevier, vol. 6(3), pages 275-303, July.
    5. Lluch, Constantino, 1973. "The extended linear expenditure system," European Economic Review, Elsevier, vol. 4(1), pages 21-32, April.
    6. Lluch, Constantino & Williams, R, 1975. "Cross Country Demand and Savings Patterns: An Application of the Extended Linear Expenditure System," The Review of Economics and Statistics, MIT Press, vol. 57(3), pages 320-328, August.
    7. repec:bla:ecorec:v:47:y:1971:i:119:p:379-98 is not listed on IDEAS
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    Cited by:

    1. David E. A. Giles & Peter Hampton, 1985. "An Engel Curve Analysis of Household Expenditure in New Zealand," The Economic Record, The Economic Society of Australia, vol. 61(1), pages 450-462, March.
    2. Ross A. Williams, 1980. "Structural Change and Private Consumption:Evidence from the 1974–75 Household Expenditure Survey," The Economic Record, The Economic Society of Australia, vol. 56(152), pages 54-68, March.

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