The Experts below are selected from a list of 309 Experts worldwide ranked by ideXlab platform
Leslie Mcgranahan - One of the best experts on this subject based on the ideXlab platform.
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consumption responses to temporary tax incentives evidence from state sales tax holidays
American Economic Journal: Economic Policy, 2017Co-Authors: Sumit Agarwal, Nathan Marwell, Leslie McgranahanAbstract:States offer sales tax holidays (STHs) temporarily exempting items like clothes, shoes, and school supplies from the state sales tax. Spending response to these temporary tax changes are investigated using two datasets: the Diary portion of the Consumer Expenditure Survey and a unique dataset of credit card transactions. Results based on a difference-in-differences methodology show that there are substantial increases in spending on covered goods during these holidays that are not offset by declines in spending before or after the holidays.
Ram M Pendyala - One of the best experts on this subject based on the ideXlab platform.
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joint analysis of time use and Consumer Expenditure data examination of two approaches to deriving values of time
Transportation Research Record, 2011Co-Authors: Karthik C Konduri, Sebastian Astroza, Bhargava Sana, Ram M Pendyala, Sergio R JaradiazAbstract:Estimating the value of time is of considerable interest to transportation professionals charged with evaluating infrastructure investments. Two approaches used to calculate the value of time are the microeconomic utility theory approach and the structural equations modeling method. In an effort to clarify the interpretation and the relationship between the values of time derived from these two approaches, both models were applied to a synthesized data set of one-person, one-worker households created by merging records from the 2008 American Time Use Survey data set with records from the 2008 Consumer Expenditure Survey data set of the United States. The microeconomic model results show that people in the sample data set work until the marginal utility of work is nearly zero. This finding implies that the value of leisure is nearly equal to the wage rate. Comparisons of model parameter estimates between the microeconomic model and the structural equations model suggest that the models offer vastly differe...
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A comprehensive analysis of household transportation Expenditures relative to other goods and services: an application to United States Consumer Expenditure data
Transportation, 2010Co-Authors: Nazneen Ferdous, Abdul Rawoof Pinjari, Chandra R. Bhat, Ram M PendyalaAbstract:This paper proposes a multiple discrete continuous nested extreme value (MDCNEV) model to analyze household Expenditures for transportation-related items in relation to a host of other consumption categories. The model system presented in this paper is capable of providing a comprehensive assessment of how household consumption patterns (including savings) would be impacted by increases in fuel prices or any other household expense. The MDCNEV model presented in this paper is estimated on disaggregate consumption data from the 2002 Consumer Expenditure Survey data of the United States. Model estimation results show that a host of household and personal socio-economic, demographic, and location variables affect the proportion of monetary resources that households allocate to various consumption categories. Sensitivity analysis conducted using the model demonstrates the applicability of the model for quantifying consumption adjustment patterns in response to rising fuel prices. It is found that households adjust their food consumption, vehicular purchases, and savings rates in the short run. In the long term, adjustments are also made to housing choices (expenses), calling for the need to ensure that fuel price effects are adequately reflected in integrated microsimulation models of land use and travel.
Hua Zan - One of the best experts on this subject based on the ideXlab platform.
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The Decline of the American Middle Class: Evidence from the Consumer Expenditure Surveys 1988–2015
Journal of Family and Economic Issues, 2020Co-Authors: Jessie X. Fan, Hua ZanAbstract:In 2010, the US Department of Commerce, commissioned by the White House Middle Class Task Force, recommended six indicators that define the middle class: having one’s own home, a car or two in the carport, taking a family vacation every year, sending kids to college, and having some retirement savings. We used the Consumer Expenditure Survey (CE) data to estimate the size of American middle class in selected years from 1988 to 2015 using three empirical variations of this definition and to test if there were upward or downward trends during these years. We found that the size of the American middle class was definitely on the decline between 1988 and 2015 for all three definitions. Multivariate analyses show that variations in total household annual Expenditure and sociodemographic variables could not explain the decline. In fact, adjusting for these controls made the decline of the middle class over time more severe.
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the decline of the american middle class evidence from the Consumer Expenditure surveys 1988 2015
Early Childhood Education Journal, 2020Co-Authors: Jessie X. Fan, Hua ZanAbstract:In 2010, the US Department of Commerce, commissioned by the White House Middle Class Task Force, recommended six indicators that define the middle class: having one’s own home, a car or two in the carport, taking a family vacation every year, sending kids to college, and having some retirement savings. We used the Consumer Expenditure Survey (CE) data to estimate the size of American middle class in selected years from 1988 to 2015 using three empirical variations of this definition and to test if there were upward or downward trends during these years. We found that the size of the American middle class was definitely on the decline between 1988 and 2015 for all three definitions. Multivariate analyses show that variations in total household annual Expenditure and sociodemographic variables could not explain the decline. In fact, adjusting for these controls made the decline of the middle class over time more severe.
Pinelopi Koujianou Goldberg - One of the best experts on this subject based on the ideXlab platform.
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dealer price discrimination in new car purchases evidence from the Consumer Expenditure survey
Journal of Political Economy, 1996Co-Authors: Pinelopi Koujianou GoldbergAbstract:This paper documents the variation in dealer discounts for new cars using transactions price data from the Consumer Expenditure Survey. Consumer-specific characteristics fail to explain dealer discounts, whereas model, market-specific, and purchase transaction variables (e.g., first-time purchase, trade-in, and financing through dealer) do explain them. The results contradict earlier findings of race and gender discrimination based on a controlled experiment. This contradiction is reconciled by examining the higher moments of the empirical discount distribution; while mean and median markups do not vary by race and gender, minority purchases are characterized by higher dispersion. This may rationalize the disparate treatment of minorities by dealers documented in the controlled experiment.
William T Gallo - One of the best experts on this subject based on the ideXlab platform.
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tobacco cessation and household spending on non tobacco goods results from the us Consumer Expenditure surveys
Tobacco Control, 2018Co-Authors: Erin S Rogers, Dhaval Dave, Alexis Pozen, Marianne C Fahs, William T GalloAbstract:Objectives To estimate the impact of tobacco cessation on household spending on non-tobacco goods in the USA. Methods Using 2006–2015 Consumer Expenditure Survey data , 9130 tobacco-consuming households were followed for four quarters. Households were categorised during the fourth quarter as having: (1) recent tobacco cessation, (2) long-term cessation, (3) relapsed cessation or (4) no cessation. Generalised linear models were used to compare fourth quarter Expenditures on alcohol, food at home, food away from home, housing, healthcare, transportation, entertainment and other goods between the no-cessation households and those with recent, long-term or relapsed cessation. The full sample was analysed, and then analysed by income quartile. Results In the full sample, households with long-term and recent cessation had lower spending on alcohol, food, entertainment and transportation (p Conclusions Households that quit tobacco spend less in areas that enable or complement their tobacco cessation, most of which may be motivated by financial strain. The most robust association between tobacco cessation and spending was the significantly lower spending on alcohol.