Daniel T Slesnick
Biographic Data
| ID | 5733708 |
|---|---|
| NAME | Daniel T Slesnick |
| GIVEN NAMES | Daniel T |
| FAMILY NAME | Slesnick |
| SIGNATURE | SLESNICK D T |
| AFFILIATIONS | The University of Texas at Austin |
| VERIFIED | No |
| TOTAL WORKS | 12 |
| TOTAL CITATIONS | 43 |
| AUTHOR COUNT | 12 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1986 |
| LATEST PUBLICATION YEAR | 2002 |
| H-INDEX | 2 |
Prices and Regional Variation in Welfare
Consumption and Social Welfare: Living Standards and their Distribution in the United States
The most widely cited social welfare statistics in the United States are based on tabulations of family income. The picture that emerges gives cause for concern: median family income has hardly changed over the last twenty-five years while inequality has increased and poverty remains persistently high. Yet consumption-based statistics as employed in this work yield rigorous and quite different estimates of real individual and social welfare. Clos…
Are Our Data Relevant to the Theory? The Case of Aggregate Consumption
Personal consumption expenditures (PCE) in the National Income and Product Accounts are often used to investigate whether the time series properties of consumption are consistent with the permanent-income/life-cycle hypotheses. In this article, I address the issue of the general quality of the PCE data and its definitional consistency with the typical model of the intertemporal allocation of consumption. I find that, in terms of the population co…
Consumption and Poverty: How Effective are In-Kind Transfers
Journal Article Consumption and Poverty: How Effective are In-Kind Transfers? Get access Daniel T. Slesnick Daniel T. Slesnick University of Texas Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 106, Issue 439, 1 November 1996, Pages 1527–1545, https://doi.org/10.2307/2235199 Published: 01 November 1996
Gaining Ground: Poverty in the Postwar United States
Official measures of poverty in the United States are compiled by the Census Bureau by comparing a household's income level to a prespecified threshold. From a theoretical perspective it is more appropriate to evaluate the level of poverty using a consumption-based measure of household welfare. This paper evaluate s the level of poverty using expenditure data from the Consumer Expenditure Survey. It finds that consumption-based poverty rates ar e…
Aggregate Consumption and Saving in the Postwar United States
Two commonly used sources of aggregate expenditure data are personal consumption expenditures in the National Income an d Product Accounts and the Consumer Expenditure Surveys administered by the Bureau of Labor Statistics. The author adjusts b oth data sources to incorporate the service flows from owner-occupied housing and other consumer durables. A comparison of the two estimat es of aggregate expenditure reveals that the differences between t…
Specific Egalitarianism and Total Welfare Inequality: A Decompositional Analysis
Specific egalitarianism calls for the equalization in the consumption of specific commodities and is a guiding principle of redistributional policy in the United States. It is therefore of interest to evaluate the impact of specific egalitarianism on general egalitarian measures of inequality. For this purpose, multidimensional measures of welfare inequality are disaggregated into subindexes of inequality defined over the distributions of compone…
The Measurement of Horizontal Inequality
An alternative approach to the measurement of horizontal inequality is developed. This measure of inequality is based on an explicit social welfare function which is formulated so as to be consistent with the basic principles of social choice. The arguments of the social welfare function are welfare functions that depend on prices, total expenditure and the demographic composition of the household. The level of horizontal inequality is defined to…
Two-Stage Budgeting and Exact Aggregation
This paper presents an econometric model of demand for energy based on two-stage budgeting. The model provides own-price and cross-price elasticities of demand for energy and nonenergy commodities for the United States. These elasticities are estimated separately for households classified by family size, age of head, region, race, and urban versus rural residence. Price elasticities are presented conditional on total energy expenditure and total …
Aggregate Consumer Behavior and Household Equivalence Scales
This article presents estimates of household equivalence scales, broken down by demographic characteristics, of U.S. households. Separate estimates are given by family size, age of head, region, race, and urban versus rural residence. Commodity-specific scales are presented for five separate commodity groups—energy, food, consumer goods, capital services, and other services. The estimates are obtained from an econometric model of aggregate consum…
The Measurement of Effective Commodity Tax Progressivity
Welfare Distributional Change and the Measurement of Social Mobility
A new approach to the measurement of welfare distributional change and social mobility is developed. The novel feature of this model is the use of price dependent measures of individual and social welfare in evaluating t he magnitude and direction of the movement in the distribution. In addition, the proposed indexes of mobility are decomposed into the sum of between-group and w ithin-group mobility. Each measure is implemented for the United Sta…
Gaining Ground: Poverty in the Postwar United States
Official measures of poverty in the United States are compiled by the Census Bureau by comparing a household's income level to a prespecified threshold. From a theoretical perspective it is more appropriate to evaluate the level of poverty using a consumption-based measure of household welfare. This paper evaluate s the level of poverty using expenditure data from the Consumer Expenditure Survey. It finds that consumption-based poverty rates ar e…
Consumption and Poverty: How Effective are In-Kind Transfers
Journal Article Consumption and Poverty: How Effective are In-Kind Transfers? Get access Daniel T. Slesnick Daniel T. Slesnick University of Texas Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 106, Issue 439, 1 November 1996, Pages 1527–1545, https://doi.org/10.2307/2235199 Published: 01 November 1996
The Measurement of Effective Commodity Tax Progressivity
Welfare Distributional Change and the Measurement of Social Mobility
A new approach to the measurement of welfare distributional change and social mobility is developed. The novel feature of this model is the use of price dependent measures of individual and social welfare in evaluating t he magnitude and direction of the movement in the distribution. In addition, the proposed indexes of mobility are decomposed into the sum of between-group and w ithin-group mobility. Each measure is implemented for the United Sta…
Aggregate Consumer Behavior and Household Equivalence Scales
This article presents estimates of household equivalence scales, broken down by demographic characteristics, of U.S. households. Separate estimates are given by family size, age of head, region, race, and urban versus rural residence. Commodity-specific scales are presented for five separate commodity groups—energy, food, consumer goods, capital services, and other services. The estimates are obtained from an econometric model of aggregate consum…
Two-Stage Budgeting and Exact Aggregation
This paper presents an econometric model of demand for energy based on two-stage budgeting. The model provides own-price and cross-price elasticities of demand for energy and nonenergy commodities for the United States. These elasticities are estimated separately for households classified by family size, age of head, region, race, and urban versus rural residence. Price elasticities are presented conditional on total energy expenditure and total …
Specific Egalitarianism and Total Welfare Inequality: A Decompositional Analysis
Specific egalitarianism calls for the equalization in the consumption of specific commodities and is a guiding principle of redistributional policy in the United States. It is therefore of interest to evaluate the impact of specific egalitarianism on general egalitarian measures of inequality. For this purpose, multidimensional measures of welfare inequality are disaggregated into subindexes of inequality defined over the distributions of compone…
The Measurement of Horizontal Inequality
An alternative approach to the measurement of horizontal inequality is developed. This measure of inequality is based on an explicit social welfare function which is formulated so as to be consistent with the basic principles of social choice. The arguments of the social welfare function are welfare functions that depend on prices, total expenditure and the demographic composition of the household. The level of horizontal inequality is defined to…
Aggregate Consumption and Saving in the Postwar United States
Two commonly used sources of aggregate expenditure data are personal consumption expenditures in the National Income an d Product Accounts and the Consumer Expenditure Surveys administered by the Bureau of Labor Statistics. The author adjusts b oth data sources to incorporate the service flows from owner-occupied housing and other consumer durables. A comparison of the two estimat es of aggregate expenditure reveals that the differences between t…
Gaining Ground: Poverty in the Postwar United States
Official measures of poverty in the United States are compiled by the Census Bureau by comparing a household's income level to a prespecified threshold. From a theoretical perspective it is more appropriate to evaluate the level of poverty using a consumption-based measure of household welfare. This paper evaluate s the level of poverty using expenditure data from the Consumer Expenditure Survey. It finds that consumption-based poverty rates ar e…
Consumption and Poverty: How Effective are In-Kind Transfers
Journal Article Consumption and Poverty: How Effective are In-Kind Transfers? Get access Daniel T. Slesnick Daniel T. Slesnick University of Texas Search for other works by this author on: Oxford Academic Google Scholar The Economic Journal, Volume 106, Issue 439, 1 November 1996, Pages 1527–1545, https://doi.org/10.2307/2235199 Published: 01 November 1996
Are Our Data Relevant to the Theory? The Case of Aggregate Consumption
Personal consumption expenditures (PCE) in the National Income and Product Accounts are often used to investigate whether the time series properties of consumption are consistent with the permanent-income/life-cycle hypotheses. In this article, I address the issue of the general quality of the PCE data and its definitional consistency with the typical model of the intertemporal allocation of consumption. I find that, in terms of the population co…
Consumption and Social Welfare: Living Standards and their Distribution in the United States
The most widely cited social welfare statistics in the United States are based on tabulations of family income. The picture that emerges gives cause for concern: median family income has hardly changed over the last twenty-five years while inequality has increased and poverty remains persistently high. Yet consumption-based statistics as employed in this work yield rigorous and quite different estimates of real individual and social welfare. Clos…
Prices and Regional Variation in Welfare
Economics (12 works) · Demographic economics (7 works) · Econometrics (7 works) · Mathematics (7 works) · Gender, Labor, and Family Dynamics (6 works) · Public economics (6 works) · Welfare (6 works) · Economics of Agriculture and Food Markets (5 works) · Fiscal Policy and Economic Growth (5 works) · Income, Poverty, and Inequality (5 works)