Objective
The aim of this research programme is to significantly enhance our knowledge of consumer and labour supply behaviour using frontier microeconometric analysis. The objective is to improve our understanding of how individuals make choices, how they react to changes in the economic environment and how they respond to policy reforms. There are two key aspects to the proposed research. The first is to extend the analysis of consumer behaviour and revealed preference to allow for preference heterogeneity, many goods and taste change. A central part of this work will concern the imposition of shape restrictions that derive from revealed preference and integrability restrictions in the nonparametric analysis of consumer behaviour. This work will focus on the microeconometric analysis of consumer surveys and the nonparametric estimation of consumer demand at the household level. The second is a parallel set of studies that will examine the life-cycle behaviour of consumption and labour supply choices in a dynamic environment with uncertainty. This work will use panel data to investigate non-separabilities between consumption and labour supply. It will explore the role of family labour supply as a mechanism to ‘insure’ families against adverse economic shocks. It will involve bringing models of family earnings dynamics together with consumption decisions. The focus will be on the importance of non-separabilities, dynamics and heterogeneity in understanding the behavioural responses of consumption and family labour supply behaviour to policy reforms and other changes in the economic environment. Through a sequence of interrelated studies in these two broad areas, the research programme aims to radically move forward methodological approaches in empirical economics to modelling key aspects of household consumption and labour supply behaviour.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
ERC-2013-ADG
See other projects for this call
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Host institution
WC1E 6BT LONDON
United Kingdom
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.