Standard of Living of Households. The influence of Second-Hand Markets

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dc.contributor.advisorSmits, J.P.J.M.
dc.contributor.authorCramers, Wouter
dc.date.issued2017-10-09
dc.description.abstractThis paper investigates the influences of second-hand markets on the standard of living of households in different countries. Using data from Living Standard Measurement Surveys, second-hand prices of refrigerators and television are calculated for seven countries with different levels of development. The indicator for level of development used in the multi-level regressions is the percentage of households possessing a refrigerator or a television. The analysis shows that second-hand prices of televisions and refrigerators differ for different levels of development. In less developed countries, these prices decrease at a slower rate than in more developed countries. This means that second-hand prices are higher in less developed countries. Therefore, households in poor countries have less possibility to satisfy their basic material needs, and thus have a disadvantage compared to equally poor households in wealthy countries.en_US
dc.identifier.urihttp://theses.ubn.ru.nl/handle/123456789/5130
dc.language.isonlen_US
dc.thesis.facultyFaculteit der Managementwetenschappenen_US
dc.thesis.specialisationInternational Economics & Developmenten_US
dc.thesis.studyprogrammeMaster Economicsen_US
dc.thesis.typeMasteren_US
dc.titleStandard of Living of Households. The influence of Second-Hand Marketsen_US
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