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Time use for consumption and household production of food: is there a retirement-consumption puzzle in Germany?

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  • Velarde, Melanie
  • Herrmann, Roland

Abstract

In order to test whether a retirement-consumption puzzle does exist, we examine how food-related time use alters within the 50+ generation in Germany due to retirement. Based on the German Time-Use Survey, time-use patterns of retired and non-retired persons are compared statistically and determinants of time-use are elaborated by the use of double-hurdle and multiple regression models. There is no indication of a retirement-consumption puzzle but of a planned behavioral change in a new phase of life. Work-related food-away-from-home con-sumption is substituted by food production and consumption at home and associated shopping activities. Leisure-related away-from-home consumption gains importance for a portion of pensioners. These impacts are strong and highly significant for German households.

Suggested Citation

  • Velarde, Melanie & Herrmann, Roland, 2014. "Time use for consumption and household production of food: is there a retirement-consumption puzzle in Germany?," 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia 182829, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaae14:182829
    DOI: 10.22004/ag.econ.182829
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    References listed on IDEAS

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    Cited by:

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    2. Jim Been & Susann Rohwedder & Michael Hurd, 2021. "Households’ joint consumption spending and home production responses to retirement in the US," Review of Economics of the Household, Springer, vol. 19(4), pages 959-985, December.
    3. Murray, Tim & Dunn, Richard A., 2022. "Household production, home improvement, and housing investment among older Americans," Journal of Housing Economics, Elsevier, vol. 56(C).
    4. Edouard Augustin Ribes, 2021. "How does education influence individuals' use of bequests as a long-term care insurance?," Working Papers hal-03498481, HAL.
    5. Barry R. Cobb & Tim Murray & Jeffrey S. Smith, 2022. "Adjustable consumption model for retirees to balance spending and risk," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 46(2), pages 420-451, April.

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    Keywords

    Consumer/Household Economics; Demand and Price Analysis;

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