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The Frequency of Consumer Expenditure: An Empirical Analysis
Author(s) -
NELSON JULIE A.
Publication year - 1996
Publication title -
journal of consumer affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.582
H-Index - 62
eISSN - 1745-6606
pISSN - 0022-0078
DOI - 10.1111/j.1745-6606.1996.tb00061.x
Subject(s) - tobit model , consumer expenditure , consumer expenditure survey , economics , quality (philosophy) , econometrics , public economics , demographic economics , aggregate expenditure , philosophy , epistemology
How does the observed pattern of household purchases vary, as we extend or shorten the period of observation? An empirical analysis of data from the U.S. Consumer Expenditure Survey, Interview Survey, from 1987–1989, reveals that there is considerable heterogeneity across disaggregate goods and across households in the frequency of expenditure. Issues of data quality and of the implications of the period of observation for Tobit analysis are also discussed.