The paper presents a general theoretical framework for the analysis of integrated life-cycle models of consumption and family labor supply under uncertainty. Profit functions are used to represent ...intertemporally additive preferences and to yield convenient characterizations of "constant marginal utility of wealth" or "Frisch" demand functions. Conditions on preferences derived that allow additive fixed-effect specifications for the Frisch demands. Data from the British Family Expenditure Surveys from 1970-77 are used to derive panel-like information on male labor supply and consumption for several age cohorts over time. These data reproduce standard life-cycle patterns of hours and wages, but more detailed analysis shows that the theory is incapable of offering a satisfactory common explanation of the behavior of hours and wages over both the business cycle and the life cycle. Similarly, although the theory can explain the life-cycle behavior of hours and consumption separately, the same model cannot explain both, essentially because of a failure in symmetry.
Thesis (M.S.)--University of Wisconsin--Madison, 2000.
Typescript. eContent provider-neutral record in process. Description based on print version record. Includes bibliographical references.
The limited period of observation used by household budget surveys leads to several problems including that of how to interpret and cope with the many non-buyers of narrowly defined products. Using ...some National Food Survey data on purchases we suggest a technique involving maximum likelihood methods for approximating the consumption of different types of household and make an application of the logit-linear model to characterize the buyers of each product.
Summary
Controlled investigations of alcohol consumption in victims of assault are lacking. A prospective survey was performed to compare victims' drinking habits with age and sex matched U.K. ...populations. All 539 adult victims of assault who attended an inner‐city Accident and Emergency (A and E) Department in 1986 were interviewed. Seventy‐four per cent of male victims and 42% of female victims reported alcohol consumption in the 6 hours prior to assault: 30% of males and 4% of females had consumed <10 units. Forty per cent males and 25% of females exceeded established safe‐levels of consumption while 16% of males and 26% of females demonstrated abnormally high gamma‐GT levels. Mean expenditure on alcohol by assault victims was 14% of net income, compared to 7.5% by the U.K. adult population overall. Results suggested that young male victims of assault may not be distinguishable from other young males on the basis of habitual or binge alcohol consumption. Assault victims over 25 years of age drank excessively compared to control populations and should be a priority group for alcohol education programmes.