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The Consumption Effects of the 2007-2008 Financial Crisis : Evidence from Household-Level Data
Jensen, Thais - 2015
Did the financial crisis spread from distressed banks to households through a contraction of the credit supply? We study this question with a dataset that contains observations on all accounts in Danish banks as well as comprehensive information about individual account holders and banks. We...
Persistent link: https://www.econbiz.de/10013010472
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A Public Good Version of the Collective Household Model : An Empirical Approach with an Application to British Household Data
Klaveren, Chris van; van Praag, B.M.S; Maassen van den … - 2021
In this paper we consider an empirical collective household model of time allocation for two-earner households. The … novelty of this paper is that we estimate a version of the collective household model, where the internally produced goods and … are equally weighted in the household utility function; (3) Differences in the ratio of the partners' hourly wages are …
Persistent link: https://www.econbiz.de/10013316615
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The Retirement-Consumption Puzzle : New Evidence from Personal Finances
Olafsson, Arna - 2020
related or not, even with the best data. We thus look at household finances and find that individuals delever upon retirement …
Persistent link: https://www.econbiz.de/10012840010
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The Retirement-Consumption Puzzle : New Evidence from Personal Finances
Olafsson, Arna - 2019
related or not, even with the best data. We thus look at household finances and find that individuals delever upon retirement …
Persistent link: https://www.econbiz.de/10012899756
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International Evidence on Sticky Consumption Growth
Carroll, Christopher D. - 2008
We estimate the degree of amp;apos;stickinessamp;apos; in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a...
Persistent link: https://www.econbiz.de/10012772369
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Does Inequality Matter for the Consumption-Wealth Channel? Empirical Evidence
Arrondel, Luc - 2017
This paper studies the heterogeneity of the marginal propensity to consume out of wealth based on French household …
Persistent link: https://www.econbiz.de/10012944978
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The Effect of Unconventional Fiscal Policy on Consumption Expenditure
D'Acunto, Francesco - 2016
Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We exploit a unique natural experiment for an empirical test of the effectiveness of...
Persistent link: https://www.econbiz.de/10012981297
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Gathering Support for Green Tax Reform : Evidence from German Household Surveys
van der Ploeg, Rick; Rezai, Armon; Tovar, Miguel - 2021
investigate this, we estimate an EASI demand system from German household data and a labour supply schedule, using wage data, and …
Persistent link: https://www.econbiz.de/10013314691
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The Effect of Child Care on Family Structure : Theory and Evidence
Bauernschuster, Stefan - 2012
children and spousal specialization in home production of public goods and child care. We then study how child care provision …
Persistent link: https://www.econbiz.de/10013108093
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Can't Buy Mommy's Love? Universal Childcare and Children's Long-Term Cognitive Development
Felfe, Christina - 2013
What happens to children's long-run cognitive development when introducing universal high-quality childcare for 3-year … difference-in-difference approach. We find sizable improvements in children's reading and math skills at age 15, as well as in … grade progression during primary and secondary school. Effects are driven by girls and disadvantaged children …
Persistent link: https://www.econbiz.de/10013087731