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Budget Allocation Patterns of African Americans
Author(s) -
FAN JESSIE X.,
LEWIS JOAN KOONCE
Publication year - 1999
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.1745-6606.1999.tb00764.x
Subject(s) - socioeconomic status , index (typography) , consumer expenditure survey , economics , consumer expenditure , demographic economics , time allocation , socioeconomics , demography , geography , public economics , aggregate expenditure , population , sociology , computer science , management , world wide web
The Consumer Expenditure Survey (1980–1992), Consumer Price Index (1980–1992), and ACCRA Cost of Living Index (1990) are used to construct annual household expenditure data from 1980 to 1992 to compare household budget allocation patterns of African Americans to Asian Americans, Caucasian Americans, and Hispanic Americans. Using the LA/AIDS demand system, researchers found that African American households have statistically significantly different budget allocation patterns in more than half of the 13 expenditure categories investigated in this study, after controlling for other socioeconomic and demographic characteristics.