Showing 1 - 10 of 10
Recent theoretical advances in consumption theory suggest that there may exist predictable consumption surges which, if … identify economic variables that might help improve the OECD?s forecasts for Germany?s consumption and GDP growth. …
Persistent link: https://www.econbiz.de/10010957443
consumption development and thus average welfare of individual cohorts. The analysis is based on a Ramsey growth model and refers …
Persistent link: https://www.econbiz.de/10010985059
model is applied. Special focus is put on the consumption effects of population ageing and the potential to counter those by … capita consumption is among all demographic scenarios lower than without demographic changes. Permanent immigration can … retard the consumption decrease. Rising fertility even reinforces the decline of consumption in the examined period of time. …
Persistent link: https://www.econbiz.de/10010985064
consumption, controlling for demographics, cohort and time effects. In addition to documenting profiles for total and nondurable … consumption, we devote special attention to the age expenditure pattern for consumer durables. We find hump-shaped paths over the … that households do not smooth consumption over their lifetimes. This is especially the case for services from consumer …
Persistent link: https://www.econbiz.de/10004970340
Persistent link: https://www.econbiz.de/10005069443
Recent theoretical advances in consumption theory suggest that there may exist predictable consumption surges which, if … identify economic variables that might help improve the OECD's forecasts for Germany's consumption and GDP growth. …
Persistent link: https://www.econbiz.de/10005801327
model is applied. Special focus is put on the consumption effects of population ageing and the potential to counter those by … capita consumption is among all demographic scenarios lower than without demographic changes. Permanent immigration can … retard the consumption decrease. Rising fertility even reinforces the decline of consumption in the examined period of time …
Persistent link: https://www.econbiz.de/10004989378
consumption development and thus average welfare of individual cohorts. The analysis is based on a Ramsey growth model and refers …
Persistent link: https://www.econbiz.de/10004989384
Persistent link: https://www.econbiz.de/10005069400
Abstract: Focusing on observable default risk's role in loan terms and the subsequent consequences for household behavior, this paper shows that lenders increasingly used risk-based pricing of interest rates in consumer loan markets during the mid-1990s. It tests three resulting predictions....
Persistent link: https://www.econbiz.de/10005069461