Income, Saving and the Theory of Consumer Behavior
Author: James S. Duesenberry
Publisher:
Published: 1967
Total Pages: 128
ISBN-13:
DOWNLOAD EBOOKRead and Download eBook Full
Author: James S. Duesenberry
Publisher:
Published: 1967
Total Pages: 128
ISBN-13:
DOWNLOAD EBOOKAuthor: James Stemble Duesenberry
Publisher: Cambridge : Harvard University Press
Published: 1949
Total Pages: 152
ISBN-13:
DOWNLOAD EBOOK"Under the title 'The consumption functionþ the original version of this book was submitted as a doctoral dissertation at the University of Michigan in February 1948." Bibliography: p. [117]-124.
Author: Angus Deaton
Publisher: Cambridge University Press
Published: 1980-05-30
Total Pages: 468
ISBN-13: 9780521296762
DOWNLOAD EBOOKFor advanced courses in economic analysis, this book presents the economic theory of consumer behavior, focusing on the applications of the theory to welfare economies and econometric analysis.
Author:
Publisher:
Published: 1994
Total Pages: 32
ISBN-13:
DOWNLOAD EBOOKAuthor: Lester D. Taylor
Publisher: Springer Science & Business Media
Published: 2009-11-25
Total Pages: 530
ISBN-13: 1441905103
DOWNLOAD EBOOKA classic treatise that defined the field of applied demand analysis, Consumer Demand in the United States: Prices, Income, and Consumption Behavior is now fully updated and expanded for a new generation. Consumption expenditures by households in the United States account for about 70% of America’s GDP. The primary focus in this book is on how households adjust these expenditures in response to changes in price and income. Econometric estimates of price and income elasticities are obtained for an exhaustive array of goods and services using data from surveys conducted by the Bureau of Labor Statistics and aggregate consumption expenditures from the National Income and Product Accounts, providing a better understanding of consumer demand. Practical models for forecasting future price and income elasticities are also demonstrated. Fully revised with over a dozen new chapters and appendices, the book revisits the original Houthakker-Taylor models while examining new material as well, such as the use of quantile regression and the stationarity of consumer preference. It also explores the emerging connection between neuroscience and consumer behavior, integrating the economic literature on demand theory with psychology literature. The most comprehensive treatment of the topic to date, this volume will be an essential resource for any researcher, student or professional economist working on consumer behavior or demand theory, as well as investors and policymakers concerned with the impact of economic fluctuations.
Author: Dominika Maison
Publisher: Springer
Published: 2019-02-28
Total Pages: 242
ISBN-13: 3030105709
DOWNLOAD EBOOKThis book stresses the psychological perspective in explaining financial behavior. Traditionally, financial behaviors such as saving, spending, and investing have been explained using demographic and economic factors such as income and product pricing. The consequence of this way of thinking is that financial institutions view their clients mostly from the perspective of their income. By taking a psychological approach, this book stresses the perspective of consumers confronted with a quickly changing financial world: the changing of financial offers and products (savings, investments, loans), the changing of payment methods (from cash to cheques, cards and mobile payments), the accessibility and temptation of goods, and the changing of insurance and pension systems. The Psychology of Financial Consumer Behavior provides insight into the thought processes of consumers in a variety of financial topics. Coverage includes perceptions of wealth, the pleasure or pain of spending, cashless transactions, saving and investing, loans, planning for the future, taxes, and financial education. The book holds appeal for researchers, professionals, and students in economics, psychology, economic psychology, marketing and consumer science, or anyone interested in financial behaviors.
Author: Matthew P. Drennan
Publisher: Yale University Press
Published: 2015-11-24
Total Pages: 168
ISBN-13: 0300216343
DOWNLOAD EBOOKPrevailing economic theory attributes the 2008 crash and the Great Recession that followed to low interest rates, relaxed borrowing standards, and the housing price bubble. After careful analyses of statistical evidence, however, Matthew Drennan discovered that income inequality was the decisive factor behind the crisis. Pressured to keep up consumption in the face of flat or declining incomes, Americans leveraged their home equity to take on excessive debt. The collapse of the housing market left this debt unsupported, causing a domino effect throughout the economy. Drennan also found startling similarities in consumer behavior in the years leading to both the Great Depression and the Great Recession. Offering an economic explanation of a phenomenon described by prominent observers including Thomas Piketty, Jacob Hacker, Robert Kuttner, Paul Krugman, and Joseph Stiglitz, Drennan’s evenhanded analysis disproves dominant theories of consumption and draws much-needed attention to the persisting problem of income inequality.
Author: Andrew Haughwout
Publisher: Academic Press
Published: 2019-08-12
Total Pages: 458
ISBN-13: 0128135255
DOWNLOAD EBOOKHandbook of U.S. Consumer Economics presents a deep understanding on key, current topics and a primer on the landscape of contemporary research on the U.S. consumer. This volume reveals new insights into household decision-making on consumption and saving, borrowing and investing, portfolio allocation, demand of professional advice, and retirement choices. Nearly 70% of U.S. gross domestic product is devoted to consumption, making an understanding of the consumer a first order issue in macroeconomics. After all, understanding how households played an important role in the boom and bust cycle that led to the financial crisis and recent great recession is a key metric. - Introduces household finance by examining consumption and borrowing choices - Tackles macro-problems by observing new, original micro-data - Looks into the future of consumer spending by using data, not questionnaires
Author: Tullio Jappelli
Publisher: Oxford University Press
Published: 2017
Total Pages: 313
ISBN-13: 0199383154
DOWNLOAD EBOOKIn The Economics of Consumption, Tullio Jappelli and Luigi Pistaferri provide a comprehensive examination of the most important developments in the field of consumption decisions and evaluate economic models against empirical evidence.
Author: Karl Erik W‹rneryd
Publisher: Edward Elgar Publishing
Published: 1999-01-01
Total Pages: 406
ISBN-13: 9781781008850
DOWNLOAD EBOOKSome people save and others with similar incomes and wealth do not. Why? Whilst psychology has devoted little attention to the forward looking dimension of human behavior, it contributes theories and techniques for studying the cognitive, motivational, and social factors that affect saving. The book examines the assumption that man is forward looking and desires to provide for the future. It summarizes theories and behavioral research in the area of saving and explores the psychological insights and findings of economists and interprets them in terms of modern psychology. The Psychology of Saving will be welcomed as a major contribution to economic psychology which brings together research and analysis, developing our understanding about rationality, expectations, and consumer behavior.