| Consumption | R Documentation |
This dataset is a subset from the 2016 Survey on Household Income and Wealth data, a statistical survey conducted by the Bank of Italy. The statistical units are the households and the head of the household is conventionally selected as the major income earner.
A data.frame containing 568 observations on the following 8 variables:
NCompthe number of household members.
Sexthe sex of the head of the household.
Agethe age of the head of the household.
NEarnersthe number of household income earners.
Areaa factor indicating the geographical area where the household is located.
Citizenshipa factor indicating the citizenship of the head of household.
Incomethe net disposable income.
Consumptionthe propensity to consume, defined as the percentage of Income that is spent rather than saved.
Full data are available on the website of the Bank of Italy. Consumption is computed as the ratio between the amount of consumption' over the net disposable income'.
Bank of Italy, Survey on Household Income and Wealth, 2016.
Survey description.
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