Absolute and relative consumption of married U.S. households in 1960 and 1996: The cleavers meet the taylors.(Statistical Data Included)

From: The Journal of Consumer Affairs | Date: June 22, 2002| Author: | Copyright information

Consumer Expenditure Survey data for 1960 and 1996 are used to examine the real consumption of single-earner and dual-earner households. Both real consumption quantities and budget shares of consumption categories were found to differ by household earner type. However, both real consumption quantities and budgct shares of the majority of consumption categories were more similar for single-earner households and dual-earner households with two full-time workers in 1996 than in 1960. Also, the savings rate of all household earner types improved significantly from 1960 to 1996.

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