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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

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

Playing with the Good Guys - A Public Good Game with Endogenous Group Formation

Brekke, Kjell Arne - 2013

In public good games, voluntary contributions tend to start off high and decline as the game is repeated. If high contributors are matched, however, contributions tend to stay high. We propose a formalization predicting that high contributors will self-select into groups committed to charitable...

Persistent link: https://www.econbiz.de/10013095928

Are Consumers Planning Consumption According to an Euler Equation?

Dräger, Lena - 2017

Evaluating a new survey dataset of German consumers, we test whether individual consumption plans are formed according to an Euler equation derived from consumption life-cycle models. Estimating several consumption Euler equations, the results are mostly in line with the theory: We find evidence...

Persistent link: https://www.econbiz.de/10012964377

Pandemic Consumption

Bachmann, Rüdiger; Bayer, Christian; Kornejew, Martin - 2023

This paper examines how households adjusted their consumption behavior in response to COVID-19 infection risk during the early phase of the pandemic. We use a monthly consumption survey specifically designed by the German Statistical Office covering the second wave of COVID-19 infections from...

Persistent link: https://www.econbiz.de/10014356975

Scarcity and Consumption Priorities

Dahan, Momi; Sayag, Doron - 2023

This paper focuses on whether households facing economic scarcity tend to change consumption priorities as measured by the share of spending on necessity goods relative to luxury goods in a large national supermarket chain in Israel for the years 2011–2018. Based on detailed weekly revenue...

Persistent link: https://www.econbiz.de/10014358647

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

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

Parental Paternalism and Patience

Kiessling, Lukas; Chowdhury, Shyamal; … - 2021

We study whether and how parents interfere paternalistically in their children’s intertemporal decision-making. Based … on experiments with over 2,000 members of 610 families, we find that parents anticipate their children’s present bias and … willing to pay money to override their children’s choices. Parental interference predicts more intensive parenting styles and …

Persistent link: https://www.econbiz.de/10013250733

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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