IDEAS home Printed from https://ideas.repec.org/p/fpb/wpaper/200804.html
   My bibliography  Save this paper

Working Paper 04-08 - Estimating private health expenditures within a dynamic consumption allocation model

Author

Listed:
  • Peter Willemé

Abstract

This paper presents a model of Belgian household consumption, with a focus on private health expenditures. To do so, we have formulated and estimated an extension of the classic Almost Ideal Demand System. The original model has been modified by introducing a dynamic adjustment mechanism and by the inclusion of demographic variables. These were expected to capture shifts in consumption patterns related to the changing age composition of the population. The results confirm the expected effects: the ageing of the population is likely to increase the share of private health expenditures (and consumer durables) in the household budget over the coming decades.

Suggested Citation

  • Peter Willemé, 2008. "Working Paper 04-08 - Estimating private health expenditures within a dynamic consumption allocation model," Working Papers 200804, Federal Planning Bureau, Belgium.
    • Handle: RePEc:fpb:wpaper:200804
    as

    Download full text from publisher

    File URL: https://www.plan.be/uploaded/documents/200802181346360.wp200804.pdf
    File Function: english version
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Ageing; AIDS (almost ideal demand system); Consumption allocation model; Private health expenditures;
    All these keywords.

    JEL classification:

    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

    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:fpb:wpaper:200804. 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: Dominique van der Wal (email available below). General contact details of provider: https://edirc.repec.org/data/plagvbe.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.