A model of private households´ consumption expenditure on the basis of representative income and consumption statistics
The accurate measurement of the level and composition of private consumption is one of the crucial tasks of official statistics. There are different ways of measurement that have to be compared and assessed. In the following, a comparison between a supplier side based and a consumers side based measurement (household budget surveys) shows, that the the later one still has some drawbacks. Additionally the household budget surveys are used for microeconometric consumption analysis. Recommendations, potentials and drawbacks will be worked out.
