Household consumption and home production at retirement in Thailand: evidence from a regression discontinuity approach

2022 ◽  
pp. 1-25
Author(s):  
Sasiwooth Wongmonta
Keyword(s):  
Low Income ◽  
Regression Discontinuity ◽  
Household Consumption ◽  
Fuzzy Regression ◽  
Household Expenditure ◽  
Home Production ◽  
Work Related ◽  
Home Work ◽  
Time Use Survey ◽  
Fuzzy Regression Discontinuity Design

Abstract This paper uses Socio-Economic Surveys covering the period from 2013 to 2019 and the 2015 Time Use Survey to investigate the extent to which household consumption changes at retirement in Thailand. A fuzzy regression discontinuity design is applied to evaluate the retirement effect on total household expenditure and expenditures on four major categories: food-at-home, work-related items, non-durable entertainment, and others. The results reveal that retirement decreases household expenditure by 11%. Further investigations show that the dramatic declines in expenditures on work-related and non-durable entertainment contribute significantly to the spending drop at retirement. The magnitudes of the declines are more pronounced for low-income and low-wealth households. The results also indicate that the retirees spend more leisure time on home production activities after retirement. Once accounting for this effect, it finds that the drop in total household expenditure decreases to 6%. These results suggest that the sizable consumption expenditure drop at retirement is due to substituting away from market purchased goods toward home-produced goods.

scholarly journals Place-Based Policies and the Housing Market

2019 ◽  
Vol 101 (3) ◽  
pp. 400-414 ◽  
Author(s):  
Hans R. A. Koster ◽  
Jos van Ommeren
Keyword(s):  
Housing Market ◽  
Public Housing ◽  
Regression Discontinuity ◽  
Housing Prices ◽  
Economic Effects ◽  
Fuzzy Regression ◽  
Regression Discontinuity Design ◽  
Fundamental Issue ◽  
Fuzzy Regression Discontinuity Design

We study the economic effects of place-based policies in the housing market, by investigating the effects of a place-based program on prices of surrounding owner-occupied properties. The program improved the quality of public housing in 83 impoverished neighborhoods throughout the Netherlands. We combine a first-difference approach with a fuzzy regression-discontinuity design to address the fundamental issue that these neighborhoods are endogenously treated. Improvements in public housing induced surrounding housing prices to increase by 3.5%. The program's external benefits are sizable and at least half of the value of investments in public housing.

scholarly journals Retirement and Home Production: A Regression Discontinuity Approach

2012 ◽  
Vol 102 (3) ◽  
pp. 600-605 ◽  
Author(s):  
Elena Stancanelli ◽  
Arthur Van Soest
Keyword(s):  
Private Consumption ◽  
Regression Discontinuity ◽  
Causal Effect ◽  
Female Partner ◽  
Fuzzy Regression ◽  
Home Production ◽  
Joint Behavior ◽  
Identification Strategy

Existing studies show that individuals who retire replace some private consumption with home production, but do not consider joint behavior of couples. Here we analyze the causal effect of retirement of each partner on hours of home production for both partners in a couple. Our identification strategy exploits the earliest age retirement laws in France, enabling a fuzzy regression discontinuity approach. We find that own retirement significantly increases own hours of home production and the effect is larger for men than for women. Moreover, retirement of the female partner significantly reduces male hours of home production but not vice versa.

scholarly journals Does education decrease Euroscepticism? A regression discontinuity design using compulsory schooling reforms in four European countries

2019 ◽  
Vol 21 (1) ◽  
pp. 24-42 ◽  
Author(s):  
Sander Kunst ◽  
Theresa Kuhn ◽  
Herman G van de Werfhorst
Keyword(s):  
Educational Attainment ◽  
European Integration ◽  
Regression Discontinuity ◽  
European Social Survey ◽  
Fuzzy Regression ◽  
Regression Discontinuity Design ◽  
Compulsory Schooling ◽  
Cross Sectional ◽  
Fuzzy Regression Discontinuity Design ◽  
The Impact

Previous research shows a strong and consistent relationship between educational attainment and Euroscepticism. As a result, education is considered to be a powerful predictor of attitudes towards European integration. However, these findings are predominantly found using cross-sectional research designs, therefore leaving open the possibility of strong selection effects due to pre-adult experiences and dispositions which both explain educational attainment and political attitudes. To test whether schooling causally reduces Euroscepticism, this article combines data on the compulsory schooling age with seven rounds of pooled European Social Survey data (2002–2014). Using compulsory schooling reforms within a ‘fuzzy’ regression discontinuity design, the results indicate no conclusive effect of education on Euroscepticism, questioning the impact of additional schooling. Consequently, this study provides a novel insight into the much-debated divide in support for European integration between lower and higher educated.

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