consumption decisions. In an experimental implementation of the discounted utility model, the subjects learn the entire paths of … inflation and interest rates prior to deciding on a consumption path. We decompose the total change in consumption that results … on current consumption than predicted by the model. …

This paper investigates the co-movements of job security perceptions and household saving rates using data from the … generally accompanied by slightly lower saving which suggests that employment and financial insecurity typically go hand … saving behavior is found. This behavior is of rather small economic importance and limited to households that are somewhat …

flexibly adjusting savings to income variations as assumed by the Permanent Income Hypothesis (PIH). Fixed amount saving … behaviour could thus imply a challenge to PIH-based standard models of consumption if it meant that a substantial share of … still be compatible with fixed amount saving behaviour since (a) the transitory income component of fixed amount savers …

household could consume more in the current period (e.g., to the benefit of the children) if gender differences in saving … that female bargaining power has no or a negative influence on saving and wealth even when controlling for expectations of … the wife‘s bargaining power and attitudes towards current consumption proxied by repayments of consumer loans. Different …

marriage formation along educational lines. Our empirical analysis for Germany shows that educational assortative mating has …