Consumption vs. Expenditure

By Mark Aguiar, Erik G. Hurst. 2004

224 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Gender Studies

View Paper: https://www.semanticscholar.org/paper/a8e613695c5ba9466f6f4259ea1324a4f145f552

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Citations in the corpus

Consumer Expenditures and Home Production at Retirement – New Evidence from Germany (2007, methodology): “Aguiar and Hurst (2005) compare food spending and food intake (measured in calories or vitamins) and find no evidence of reduced consumption or a decline in food quality. They interpret their findings as evidence of a change in food production, which uses less or cheaper market goods and more time. ”
Consumption Inequality and Family Labor Supply (2014, methodology): “6 While the stochastic wage structure embedded in (1) is widely used in models of the type we are considering here, it is far from being uncontroversial.”
Deconstructing Life Cycle Expenditure (2008, unknown): “Food is amenable to home production (see Aguiar and Hurst 2005, 2007) while transportation and clothing are inputs into market work.3 The remaining categories of nondurable expenditures, constituting roughly half of total nondurable expenditures, do not decline over the back half of the lifecycle.”
Retirement Consumption: Insights from a Survey (2007, background): “We make too assumptions: (1) that consumption expectations depend on demographic characteristics and retirement wealth, and (2) that any expectational errors are uncorrelated with these characteristics.”
Internet adoption and usage patterns are different: Implications for the digital divide (2008, background): “Aguiar and Hurst (2005) find that people reduce food expenditures but not consumption in response to forecastable income changes.”