Research Seminar Series - The marginal propensity to consume for different socio-economic groups

We are pleased to invite you to our Wednesday Research Seminar. It will be held on 06 November from 4pm, at Middlesex University Dubai in the Oasis Theatre, Block 16, Knowledge Park.

Wednesday Research Seminar Series was launched in 2008, and has featured more than 250 presentations to date. The seminars provide a forum for researchers to share their work. Presenters include faculty from Middlesex University Dubai and other universities in the United Arab Emirates, as well as researchers from other global institutions. Ms. Zara Canbary will deliver seminar on:

“The marginal propensity to consume

for different socio-economic groups”

Zara Canbary

Abstract

This paper investigates the marginal propensity to consume for UK households across different socio-economic groups. It uses the Family Expenditure Survey, a repeated cross-section of British Households, which reports expenditure, income, and household characteristics from quarter 1 of 1986 to quarter 1 of 2016. Since each household is interviewed only once we construct pseudo panels based on the socio-economic status of the household head. We find that households with higher socio-economic status have a lower marginal propensity to consume. We also find that the marginal propensity to consume increased after the 2007-2009 financial crisis. This study supports the hypothesis that credit constraints are more serious for lower-income groups.

Biography

Zara Canbary has recently submitted her PhD in Economics at Brunel University London. She holds a BSc (Hons) in Finance and Accounting from Brunel University London, and MSc in International Business, from the Australian University of Wollongong in Dubai, and BSc (Hons) in Business and Economics from Tehran University, Tehran, Iran. Her research mainly focus on empirical issues relating to consumption using household-level data. She has gained extensive experience investigating microeconomics, behavioral economics, and micro-econometrics using “Big Data”. Her thesis includes three papers examining households’ responses to different types of income shocks.

She has presented her research in different seminars and conferences such as “Family Finance Surveys User Conference, 2018” and “Brunel University London Economics and Finance Symposium, 2017, 2018, 2019“, and the 3rd International Conference on Advances in Business and Law (ICABL) 2019 in Dubai (upcoming).

We look forward to welcoming you at the seminar.

If you are interested in presenting at one of our future seminars, or would like to recommend someone, please contact:  [email protected]