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Departamento de Economía

Seminario de Guillermo Cabanillas (Universidad de Alcalá), el VIERNES 12 de abril de 2024, + info

Seminario titulado: "Consumption patterns of pensioners: Exploring differences between breadwinners and non-breadwinners". El seminario (persencial) será el el VIERNES 12 de abril a las 12:30hs, en la sala Dr. Ernest LLuch (Dpto de Economía)

Abstract: This paper aims to examine consumption behavior disparities between pensioners and non-pensioners, focusing on how pensioners alter their consumption patterns when cohabitating with additional individuals. By analyzing household-level consumption data from the Spanish family income survey, our findings reveal that pensioner-led households with dependents experience a significant 20.5% reduction in total spending compared to those without dependents. Moreover, expenditure on durable and non-durable goods is lower by 21.5% and 16.6% respectively. We find no heterogeneous effects across income levels or with cohort fixed effects.