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Consumption over the Life Cycle: Facts for France

Author

Listed:
  • J. BOISSINOT

    (Insee)

Abstract

This paper uses repeated cross-sections of the INSEE Household Budget Survey to estimate life cycle profiles of consumption, controlling for cohort and time effects. We construct age profiles for total and nondurable consumption as well as expenditure patterns for consumer durables. We find significant humps over the life cycle for total, nondurable, and durable expenditures. Changes in household size account for about one half of these humps.

Suggested Citation

  • J. Boissinot, 2007. "Consumption over the Life Cycle: Facts for France," Documents de Travail de l'Insee - INSEE Working Papers g2007-09, Institut National de la Statistique et des Etudes Economiques.
  • Handle: RePEc:nse:doctra:g2007-09
    as

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    File URL: https://www.bnsp.insee.fr/ark:/12148/bc6p06zr0wh/f1.pdf
    File Function: Document de travail de la DESE numéro G2007/09
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    More about this item

    Keywords

    Consumption; Life Cycle; Durables; Non-Durables;
    All these keywords.

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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