Measuring the Consumption Smoothing of Iranian Households’ Consumption Food Against the Temporary and Permanent Income Shocks

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MOWLAEI MOHAMMAD; Ali Oday

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Paper Information

Journal: JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH Year:2018 | Volume:8 | Issue:31 Page(s): 93-106

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Title

Measuring the Consumption Smoothing of Iranian Households’ Consumption Food Against the Temporary and Permanent Income Shocks

Author(s)

MOWLAEI MOHAMMAD | Ali Oday | Issue Writer Certificate

Keywords

Temporary and Permanent Income ShocksQ1

Household Food ConsumptionQ1

Variance–Q1

Covariance StructureQ1

Consumption SmoothingQ1

Abstract

Household’ s consumption expenditures are one of the main economic variables that reflect the households’ welfare level as well as stimulate aggregate demand and purpose of all production in the economy. Therefore, measuring the income shocks transmission to household consumption is critical for evaluation the ability of Consumption Smoothing with income shocks or economic stability and hence, for designing stabilization, income-maintenance and optimal social policies in the aim to increasing purchasing power, preserving and promoting the welfare of households. According to the terms of stagflation in Iran economy over the past few years, this paper computes the degree of transmission of Temporary and Permanent Income Shocks using the panel data on the income, meal consumption expenditures and other household characteristics (age, gender, education, working status and marital status) gathered by Iranian urban and rural households’ expenditures and income surveys (HEIS) over the period 2009-2014. The results show that there is nearly complete insurance against temporary and permanent income during the period of study.

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APA: Copy

MOWLAEI, MOHAMMAD, & Ali, Oday. (2018). Measuring the Consumption Smoothing of Iranian Households’ Consumption Food Against the Temporary and Permanent Income Shocks. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, 8(31 ), 93-106. SID. https://sid.ir/paper/192208/en

Vancouver: Copy

MOWLAEI MOHAMMAD, Ali Oday. Measuring the Consumption Smoothing of Iranian Households’ Consumption Food Against the Temporary and Permanent Income Shocks. JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH[Internet]. 2018;8(31 ):93-106. Available from: https://sid.ir/paper/192208/en

IEEE: Copy

MOHAMMAD MOWLAEI, and Oday Ali, “Measuring the Consumption Smoothing of Iranian Households’ Consumption Food Against the Temporary and Permanent Income Shocks,” JOURNAL OF ECONOMIC GROWTH AND DEVELOPMENT RESEARCH, vol. 8, no. 31 , pp. 93–106, 2018, [Online]. Available: https://sid.ir/paper/192208/en

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