THE RETIREMENT CONSUMPTION PUZZLE: EVIDENCES FOR BRAZIL AND THE STATE OF RIO GRANDE DO SUL
THE RETIREMENT CONSUMPTION PUZZLE: EVIDENCES FOR BRAZIL AND THE STATE OF RIO GRANDE DO SUL
dc.contributor | en-US | |
dc.contributor | pt-BR | |
dc.creator | Stampe, Marianne Zwilling | |
dc.creator | Porsse, Alexandre Alves | |
dc.creator | Portugal, Marcelo Savino | |
dc.creator | Zuanazzi, Pedro Tonon | |
dc.date | 2017-12-18 | |
dc.date.accessioned | 2018-11-07T19:16:07Z | |
dc.date.available | 2018-11-07T19:16:07Z | |
dc.identifier | https://seer.ufrgs.br/AnaliseEconomica/article/view/46525 | |
dc.identifier | 10.22456/2176-5456.46525 | |
dc.identifier.uri | http://repositorioslatinoamericanos.uchile.cl/handle/2250/2176797 | |
dc.description | The life cycle/permanent income theories predict that consumption would be constant over time but such result has been challenged by some empirical studies which show a systemic decrease in consumption at retirement. This paper aims to investigate the so-called retirement consumption puzzle for Brazil and the State of Rio Grande do Sul. We estimated consumption functions controlling age effects for 12 composite goods using information from the 2008-2009 Household Budget Survey. The results showed that households’ expenditures systematic decrease with age for 7 composite goods (food, clothing, transport, hygiene, education, recreation and miscellaneous) and increase with age for 2 composite good (health care and housing). The patterns found to the households’ expenditures by age structure brings evidence of retirement consumption puzzle in Brazil. | en-US |
dc.description | The life cycle/permanent income theories predict that consumption would be constant over time but such result has been challenged by some empirical studies which show a systemic decrease in consumption at retirement. This paper aims to investigate the so-called retirement consumption puzzle for Brazil and the State of Rio Grande do Sul. We estimated consumption functions controlling age effects for 12 composite goods using information from the 2008-2009 Household Budget Survey. The results showed that households’ expenditures systematic decrease with age for 7 composite goods (food, clothing, transport, hygiene, education, recreation and miscellaneous) and increase with age for 2 composite good (health care and housing). The patterns found to the households’ expenditures by age structure brings evidence of retirement consumption puzzle in Brazil. | pt-BR |
dc.format | application/pdf | |
dc.language | eng | |
dc.publisher | UFRGS | pt-BR |
dc.relation | https://seer.ufrgs.br/AnaliseEconomica/article/view/46525/45688 | |
dc.relation | https://seer.ufrgs.br/AnaliseEconomica/article/downloadSuppFile/46525/24739 | |
dc.rights | Direitos autorais 2017 Análise Econômica | pt-BR |
dc.source | Análise Econômica; v. 35, n. 68 (2017): setembro de 2017 | en-US |
dc.source | Análise Econômica; v. 35, n. 68 (2017): setembro de 2017 | pt-BR |
dc.source | 2176-5456 | |
dc.source | 0102-9924 | |
dc.subject | Microeconomics; Consumer Economics: Theory; Consumer Economics: Empirical Analysis | en-US |
dc.subject | Households behavior; Demographics; Retirement consumption puzzle | en-US |
dc.subject | D11; D12; J10 | en-US |
dc.subject | pt-BR | |
dc.subject | Households behavior; Demographics; Retirement consumption puzzle | pt-BR |
dc.subject | D11; D12; J10 | pt-BR |
dc.title | THE RETIREMENT CONSUMPTION PUZZLE: EVIDENCES FOR BRAZIL AND THE STATE OF RIO GRANDE DO SUL | en-US |
dc.title | THE RETIREMENT CONSUMPTION PUZZLE: EVIDENCES FOR BRAZIL AND THE STATE OF RIO GRANDE DO SUL | pt-BR |
dc.type | Artículos de revistas | |
dc.type | Artículos de revistas |