Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/57533
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dc.contributor.authorChai, Andreasen_US
dc.contributor.authorMoneta, Alessioen_US
dc.date.accessioned2011-09-12en_US
dc.date.accessioned2012-04-24T15:43:55Z-
dc.date.available2012-04-24T15:43:55Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/57533-
dc.description.abstractUsing data spanning over four decades (1960-2000), this paper employs Engel's needsbased approach to analyzing household expenditure patterns to find evidence for the existence of a stable hierarchy of expenditure patterns at low levels of household income. Second, we investigate how rising household income influences the manner in which total expenditure is distributed across Engel's expenditure categories. Our results suggest that i) total household expenditure is distributed across Engel's expenditure categories in an increasingly even manner as household income increases and ii) over time, there has been an acceleration in the rate at which household expenditure patterns become diversified as household income rises. Finally, we consider how the shape of Engel Curves may help shed light on the relationship between goods and the underlying needs they serve.en_US
dc.language.isoengen_US
dc.publisher|aMax-Planck-Inst. für Ökonomik |cJenaen_US
dc.relation.ispartofseries|aPapers on economics and evolution |x1113en_US
dc.subject.ddc330en_US
dc.subject.keywordHierarchy of needsen_US
dc.subject.keywordEngel Curvesen_US
dc.subject.keywordEngel's Lawen_US
dc.subject.stwBedürfnisseen_US
dc.subject.stwMikroökonomische Konsumfunktionen_US
dc.subject.stwVerbraucherausgabenen_US
dc.subject.stwSchätzungen_US
dc.subject.stwGroßbritannienen_US
dc.titleBack to Engel? Some evidence for the hierarchy of needsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn668087641en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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