Household age structure and consumption in Serbia

Type Journal Article - Economic annals
Title Household age structure and consumption in Serbia
Author(s)
Volume 57
Issue 195
Publication (Day/Month/Year) 2012
Page numbers 79-101
URL http://www.doiserbia.nb.rs/img/doi/0013-3264/2012/0013-32641295079R.pdf
Abstract
The influence of demographic
variables on household consumption level
and structure is understood but insufficiently
studied in Serbia. This paper analyzes the
connection between age as a demographic
variable, and the size and structure of
household consumption as economic
phenomena. We discuss the research results,
trying to explain the intensity and direction
of the shown connection. The economic
variables are usually set as determinants
of demographic processes, but we set age
as an independent demographic variable
shaping household consumption without
ignoring the household income level. It
seems that the age structure of a household,
particularly the age of the household head,
has a significant influence on consumption
structure

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