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Income and Food Expenditures Decomposed by Cohort, Age, and Time Effects AgEcon
Blisard, Noel.
This report expands aggregate lifecycle expenditure analysis by separating generational or cohort effects from aging effects. This is important since different generations or age groups may exhibit expenditure patterns that are the result of higher incomes and/or different tastes and preferences. Ignoring these generational effects produces income and consumption age profiles that can be misleading. With accurate consumption and age profiles, policymakers can gain a better idea of food intake patterns by cohort, and thereby identify groups that may need additional diet and health information. Using survey data to follow eight cohort groups from 1982 through 1995, this study found that: real per capita income increased for all cohorts, except for the very...
Tipo: Report Palavras-chave: Food spending; Food expenditures; Consumer Expenditure Surveys; Households; Food Consumption/Nutrition/Food Safety.
Ano: 2001 URL: http://purl.umn.edu/33552
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