Questions tagged [consumption]

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9
votes
7answers
2k views

Piracy/File sharing - Why aren't songs, movies or ebooks given for free (+ads) like TV?

Question: Why aren't songs, movies or ebooks given for free (+ads) like TV? i. Sub-question: Every minute, people are pirating, and there is no stopping that. If people see 0.99 for a song on iTunes ...
21
votes
7answers
12k views

Why do low-income earners tend to spend more?

I am reading an article in the Economist. It is discussing the China's unbalanced economy especially the lower household consumption proportion in GDP than the global average. The writer thinks the ...
1
vote
0answers
73 views

What is the no ponzi condition for this representative consumer problem? Tags: Initial condition, no-ponzi game

This question is following Farhi et.al. 2014's consumer budget constraint modified to add a government bond and removing money. A simplified version is given below which is pertinent to the question. $...
4
votes
2answers
178 views

Re-evaluation of Consumer Price Index (C.P.I.) weights

How are the weights of the various household items in the Consumer Price Index (C.P.I.) basket decided, i.e., how are they re-evaluated every year? Is it done manually or automatically? If its done ...
7
votes
1answer
245 views

What was happening in Madagascar during 1971-1996?

In the course of my research I have been examining these days macroeconomic time series for per capital household consumption, using the databank of the WorldBank. The unit of measure was constant ...
5
votes
1answer
194 views

What are the economic benefits of SLAPP in file sharing/piracy?

Spin-off from Piracy/File sharing - Why aren't songs, movies or ebooks given for free (+ads) like TV? What are the economic benefits of SLAPP in or out of file sharing/piracy? There's a comment in ...
1
vote
1answer
82 views

Is the study of the volunteer sector inappropriate for a labour economist?

In the basics of labour economics the driving factor for increase in labour supply (for the workers in a given market) is increase in wages. The volunteer sector consists of general and skilled ...