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2010•RePEc: Research Papers in EconomicsRequires access

Income and expenditure of households in Romania1

Laura Mariana Cismaș, Assist. Andra Miculescu Ph.D. Student, Assist. Maria Oţil

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Abstract

Consumers act in housing in a way that disposable income is allocated to current consumption or for savings and future consumer needs. In many countries, household consumption is studied by analyzing family budgets. Household income is the main source of cover for public need of consumption. In this paper we analyzed the level, dynamics and structure of income and consumption expenditure of households in Romania during 2001-2008.

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Consumers act in housing in a way that disposable income is allocated to current consumption or for savings and future consumer needs. In many countries, household consumption is studied by analyzing family budgets. Household income is the main source of cover for public need of consumption. In this paper we analyzed the level, dynamics and structure of income and consumption expenditure of households in Romania during 2001-2008.

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Available abstract

Consumers act in housing in a way that disposable income is allocated to current consumption or for savings and future consumer needs. In many countries, household consumption is studied by analyzing family budgets. Household income is the main source of cover for public need of consumption. In this paper we analyzed the level, dynamics and structure of income and consumption expenditure of households in Romania during 2001-2008.

Key concepts: Consumption (sociology), Autonomous consumption, Household income, Consumer Expenditure Survey, Economics, Consumer expenditure, Permanent income hypothesis, Cover (algebra)

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