Socio-Demographic Dynamics and Household Demand

Kusum Ketkar and Suhas Ketkar

Eastern Economic Journal, 1987, vol. 13, issue 1, 55-62

Abstract: This paper investigates the impact of changes in socioeconomic, demographic, and geographic characteristics of households on their expenditure pattern in the United States. Using Consumer Expenditure Survey dat a, it is found that the major item of expenditure, i.e., owner-occupied housing, depends only on household income. The price variables like education of the household, and taste variables like race, are observed to influence expenditures on more items than other observed characteristics of age, size, and region of location. Female employment increases expenditures on time-saving products like restaurant meals and child care at the expense of time-using items.

Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:eej:eeconj:v:13:y:1987:i:1:p:55-62

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