IDEAS home Printed from https://ideas.repec.org/a/ris/qjatoe/0327.html
   My bibliography  Save this article

Intergenerational Measurement of Effects of Monetary Shocks on Consumption Expenditures of Urban Households in Iran

Author

Listed:
  • Arman, Seyed Aziz

    (Professor in Economics, Shahid Chamran University of Ahvaz)

  • Ahangari, Abdul Majeed

    (Associate Professor in Economics, Shahid Chamran University of Ahvaz)

  • Azari Beni, Batool

    (Ph.D. Candidate in Economics, Shahid Chamran University of Ahvaz)

Abstract

This article presents a case study to assess the impact of monetary market shocks on the consumption behavior of urban households across different age groups (elderly, middle-aged, and young cohorts). Utilizing a method developed by Deaton and Paxson (1997) and analyzing cross-sectional household budget data, a pseudo-panel dataset is constructed to examine the intergenerational consumption patterns of individuals born between 1957 and 1992. The findings highlight that the highest magnitude of monetary market shock occurred from 2011 to 2012. It is observed that young households exhibit lower consumption levels compared to other cohorts and experience greater vulnerability to both small and significant adverse shocks in the monetary market. Furthermore, a significant negative shock impacts all age groups, resulting in a convergence of consumption expenditures across cohorts; however, the young cohort experiences the most significant reduction in consumption due to its heightened vulnerability relative to other age groups

Suggested Citation

  • Arman, Seyed Aziz & Ahangari, Abdul Majeed & Azari Beni, Batool, 2023. "Intergenerational Measurement of Effects of Monetary Shocks on Consumption Expenditures of Urban Households in Iran," Quarterly Journal of Applied Theories of Economics, Faculty of Economics, Management and Business, University of Tabriz, vol. 10(4), pages 205-234, March.
    • Handle: RePEc:ris:qjatoe:0327
    as

    Download full text from publisher

    File URL: https://ecoj.tabrizu.ac.ir/article_17626_e4b6a0f5ce34399e66e05e43658fa4c9.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Monetary Shocks; Consumption Expenditures; cohort study; pseudo panel data;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:qjatoe:0327. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sakineh Sojoodi (email available below). General contact details of provider: https://edirc.repec.org/data/fetabir.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.