households’ consumption expenditures and their perceived pass-through of the tax change into prices to quantify its effects. The … consumption spending by 34 billion Euros. …

beliefs about nominal debt and their own real net wealth. These changes in beliefs causally affect actual consumption and … hypothetical debt decisions. Our findings suggest that real wealth mediates the sensitivity of consumption to inflation once …

relatively ineffective in stimulating consumption with regards to their costs when compared to other measures such as (targeted …

consumption via managing inflation expectations based on the Euler equation. Unconventional fiscal policy uses trivial … announcements of future consumer-price increases to boost inflation expectations and consumption expenditure on impact. Instead …

of large prizes (USD 8,300-150,000) is slightly below one half. While the consumption responses we find are high, their …

households’ consumption expenditures and their perceived pass-through of the tax change into prices to quantify its effects. The … consumption spending by 34 billion Euros …

is often used as an argument for policies that foster homeownership. However, the causal link between homeownership and … Consumption Survey for the Euro area, we correct for endogeneity by using inheriting the household’s main residence as an … wealth position of the household only through homeownership. For the sample of inheritors we find that the local average …

This paper studies the role of pensions and income taxes in determining homeownership and household wealth. It provides … have similar incomes per capita but very different homeownership rates, with the US and Australia having much higher … homeownership compared to Germany. The question is to what extent the observed differences in homeownership are induced by national …