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The life-cycle hypothesis, fiscal policy and social security

Jappelli, Tullio - In: BNL Quarterly Review 58 (2005) 233-234, pp. 173-186

In the early 1950s Modigliani, with Brumberg and Ando, formulated the life-cycletheory of consumption and savings that …

Persistent link: https://www.econbiz.de/10010854342

The life-cycle hypothesis, fiscal policy and social security

Jappelli, Tullio - In: Banca Nazionale del Lavoro Quarterly Review 58 (2005) 233-234, pp. 173-186

In the early 1950s Modigliani, with Brumberg and Ando, formulated the life-cycletheory of consumption and savings that …

Persistent link: https://www.econbiz.de/10010752552

Household consumption through recent recessions

Crossley, Thomas F.; Low, Hamish; O'Dea, Cormac - 2011

This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …

Persistent link: https://www.econbiz.de/10010331050

Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession

Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - 2015

Data from the 2009 Internet Survey of the Health and Retirement Study show that many U.S. households experienced large capital losses in housing and financial wealth, and that 5% of respondents lost their job during the Great Recession. As a consequence of these shocks, many households reduced...

Persistent link: https://www.econbiz.de/10011605807

Do consumers gamble to convexify?

Crossley, Thomas F.; Low, Hamish; Smith, Sarah - 2011

The combination of credit constraints and indivisible consumption goods may induce some riskaverse individuals to play …

Persistent link: https://www.econbiz.de/10010275746

Regression with an imputed dependent variable

Crossley, Thomas F.; Levell, Peter; Poupakis, Stavros - 2019

Researchers are often interested in the relationship between two variables, with no single data set containing both. A common strategy is to use proxies for the dependent variable that are common to two surveys to impute the dependent variable into the data set containing the independent...

Persistent link: https://www.econbiz.de/10012388798

The Covid-19 crisis and consumption: Survey evidence from six EU countries

Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - 2020

estimates the impact of the Covid-19 crisis on consumption. The panel provides, each month, household-specific indicators of the … concern causes a significant reduction in nondurable consumption. The paper also explores the potential impact on consumption … of government interventions and of another wave of Covid-19, using household-level consumption adjustments to scenarios …