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HOUSEHOLD INVESTMENT IN AUTOMOBILES: AN INTERTEMPORAL CROSS-SECTION ANALYSIS

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© 2017 University of Pennsylvania Press, 3905 Spruce Street Philadelphia, Pennsylvania 19104-4112

© 2017 University of Pennsylvania Press, 3905 Spruce Street Philadelphia, Pennsylvania 19104-4112

Chapters in this book

  1. TABLE OF CONTENTS i
  2. INTRODUCTION iii
  3. Part l. General Consumer Demand Relations
  4. A COMPLETE SET OF CONSUMER DEMAND RELATIONSHIPS 1
  5. THE SPECIFICATION OF EMPIRICAL CONSUMPTION STRUCTURES 93
  6. QUANTITY AND QUALITY OF CLOTHING PURCHASES IN RELATION TO IN COME AND PRICE 137
  7. COMMENTS 143
  8. COMMENTS 155
  9. COMMENTS 159
  10. REJOINDER 165
  11. Part 2. Durable Goods
  12. HOUSEHOLD INVESTMENT IN AUTOMOBILES: AN INTERTEMPORAL CROSS-SECTION ANALYSIS 175
  13. DETERMINANTS OF CONSUMER DEMAND FOR HOUSE FURNISHINGS AND EQUIPMENT 225
  14. A COVARIANCE ANALYSIS OF LOCATIONAL RELATIONSHIPS IN FURNITURE - HOME FURNISHINGS EXPENDITURES 247
  15. COMMENTS 267
  16. COMMENTS 276
  17. REJOINDER AND SUPPLEMENTARY REMARKS 285
  18. REJOINDER 289
  19. Part 3. Nondurable Goods and Services
  20. DEMAND RELATIONSHIPS FOR FOOD 293
  21. DEMAND FOR CLOTHING 311
  22. FAMILY HOUSING EXPENDITURES: ELUSIVE LAWS AND INTRUSIVE VARIANCES 359
  23. SERVICE EXPENDITURES AT MID-CENTURY 436
  24. COMMENTS 461
  25. COMMENTS 469
  26. COMMENTS 474
  27. REJOINDER 477
  28. REJOINDER 478
  29. Frontmatter 481
  30. TABLE OF CONTENTS 483
  31. Part 4. General Saving Relations: Permanent lncome and other Theories
  32. CONSUMER EXPENDITURES AND THE CAPITAL ACCOUNT 485
  33. THE “PERMANENT INCOME” AND THE “LIFE CYCLE” HYPOTHESIS OF SAVING BEHAVIOR: COMPARISON AND TESTS 533
  34. WINDFALL INCOME AND CONSUMPTION 659
  35. COMMENTS 672
  36. COMMENTS 675
  37. REJOINDER 690
  38. BIASES IN ESTIMATING INCOME-EXPENDITURE REGRESSIONS FROM CROSS SECTION DATA 697
  39. Part 5. Specific Aspects of Saving Behavior
  40. WHO SAVES? 707
  41. ENTREPRENEURIAL SAVING 781
  42. THE CONCEPT OF SAVING 820
  43. COMMENTS 844
  44. COMMENTS 853
  45. REJOINDER 864
  46. REJOINDER 865
  47. Part 6. Income, Debt and Methodology
  48. RELATIVE IN COME SHARES IN F ACT AND THEORY 875
  49. CONSUMER PERSONAL DEBT: AN INTER-TEMPORAL CROSS -SECTION ANALYSIS 884
  50. METHODOLOGY AND APPRAISAL OF CONSUMER EXPENDITURE STUDIES 946
  51. COMMENTS 955
  52. COMMENTS 961
  53. REJOINDER 968
  54. GENERAL COMMENTS ON CONFERENCE. BASIC ELEMENTS OF A GENERAL MODEL OF CONSUMER BEHAVIOR 972
Proceedings of the Conference on Consumption and Saving, Volumes 1 and 2
This chapter is in the book Proceedings of the Conference on Consumption and Saving, Volumes 1 and 2
https://doi.org/10.9783/9781512818444-009

Chapters in this book

  1. TABLE OF CONTENTS i
  2. INTRODUCTION iii
  3. Part l. General Consumer Demand Relations
  4. A COMPLETE SET OF CONSUMER DEMAND RELATIONSHIPS 1
  5. THE SPECIFICATION OF EMPIRICAL CONSUMPTION STRUCTURES 93
  6. QUANTITY AND QUALITY OF CLOTHING PURCHASES IN RELATION TO IN COME AND PRICE 137
  7. COMMENTS 143
  8. COMMENTS 155
  9. COMMENTS 159
  10. REJOINDER 165
  11. Part 2. Durable Goods
  12. HOUSEHOLD INVESTMENT IN AUTOMOBILES: AN INTERTEMPORAL CROSS-SECTION ANALYSIS 175
  13. DETERMINANTS OF CONSUMER DEMAND FOR HOUSE FURNISHINGS AND EQUIPMENT 225
  14. A COVARIANCE ANALYSIS OF LOCATIONAL RELATIONSHIPS IN FURNITURE - HOME FURNISHINGS EXPENDITURES 247
  15. COMMENTS 267
  16. COMMENTS 276
  17. REJOINDER AND SUPPLEMENTARY REMARKS 285
  18. REJOINDER 289
  19. Part 3. Nondurable Goods and Services
  20. DEMAND RELATIONSHIPS FOR FOOD 293
  21. DEMAND FOR CLOTHING 311
  22. FAMILY HOUSING EXPENDITURES: ELUSIVE LAWS AND INTRUSIVE VARIANCES 359
  23. SERVICE EXPENDITURES AT MID-CENTURY 436
  24. COMMENTS 461
  25. COMMENTS 469
  26. COMMENTS 474
  27. REJOINDER 477
  28. REJOINDER 478
  29. Frontmatter 481
  30. TABLE OF CONTENTS 483
  31. Part 4. General Saving Relations: Permanent lncome and other Theories
  32. CONSUMER EXPENDITURES AND THE CAPITAL ACCOUNT 485
  33. THE “PERMANENT INCOME” AND THE “LIFE CYCLE” HYPOTHESIS OF SAVING BEHAVIOR: COMPARISON AND TESTS 533
  34. WINDFALL INCOME AND CONSUMPTION 659
  35. COMMENTS 672
  36. COMMENTS 675
  37. REJOINDER 690
  38. BIASES IN ESTIMATING INCOME-EXPENDITURE REGRESSIONS FROM CROSS SECTION DATA 697
  39. Part 5. Specific Aspects of Saving Behavior
  40. WHO SAVES? 707
  41. ENTREPRENEURIAL SAVING 781
  42. THE CONCEPT OF SAVING 820
  43. COMMENTS 844
  44. COMMENTS 853
  45. REJOINDER 864
  46. REJOINDER 865
  47. Part 6. Income, Debt and Methodology
  48. RELATIVE IN COME SHARES IN F ACT AND THEORY 875
  49. CONSUMER PERSONAL DEBT: AN INTER-TEMPORAL CROSS -SECTION ANALYSIS 884
  50. METHODOLOGY AND APPRAISAL OF CONSUMER EXPENDITURE STUDIES 946
  51. COMMENTS 955
  52. COMMENTS 961
  53. REJOINDER 968
  54. GENERAL COMMENTS ON CONFERENCE. BASIC ELEMENTS OF A GENERAL MODEL OF CONSUMER BEHAVIOR 972
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