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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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National and international income dispersion and aggregate expenditures
Fillat Castejón, Carmen; Francois, Joseph F. - 2004
We examine linkages between aggregate household income, distribution of that income, and aggregate cross … household specifications in computational policy models emphasizing household distribution of income. This also yields a … consumption-pattern based inequality index that summarizes the projection of inequality through expenditure patterns. Estimation …
Persistent link: https://www.econbiz.de/10011338007
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SHE can't afford it and HE doesn't want it : the gender gap in the COVID-19 consumption response
Huber, Stefanie J. - 2022
This paper explores whether and why the pandemic differentially altered women and men's consumption behavior. After the 2020 wave of lockdown restrictions were lifted, women reduced consumption more than men. Data on self-reported reasons for consuming less reveals that gender differences in...
Persistent link: https://www.econbiz.de/10013175577
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The COVID-19 consumption game-changer : evidence from a large-scale multi-country survey
Hodbod, Alexander; Hommes, Cars H.; Huber, Stefanie J.; … - 2021 - Version: 2021-10-17
Prospective economic developments depend on the behavior of consumer spending. A key question is whether private expenditures recover once social distancing restrictions are lifted or whether the COVID-19 crisis has a sustained impact on consumer confidence, preferences, and, hence, spending....
Persistent link: https://www.econbiz.de/10012665880
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Advance information and consumption insurance : evidence from panel data
Pedroni, Marcelo; Singh, Swapnil; Stoltenberg, Christian - 2022 - Preliminary, April 15, 2022
incomplete markets model and find that advance information reduces households' income forecast errors by 15%. Our estimation …
Persistent link: https://www.econbiz.de/10013186823
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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; Praag, Bernard M. S. van; Maassen … - 2008
In this paper we consider an empirical collective household model of time allocation for twoearnerhouseholds. The … equally weighted in the household utility function; (3)Differences in the ratio of the partners' hourly wages are explanatory … for how individualutilities are weighted in the household utility function. (4) The female's preference forhousehold …
Persistent link: https://www.econbiz.de/10011374423
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A dynamic utility maximization model for product category consumption
Oest, Rutger van; Franses, Philip Hans; Paap, Richard - 2002
It is conceivable that the whether to buy and how much tobuy decisions in the purchasing process of households areinfluenced by the inventory process. In this paper we thereforeput forward a model for consumption, where we rely on establishedeconomic theory. We incorporate this model in a model...
Persistent link: https://www.econbiz.de/10011327525
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A joint framework for category purchase and consumption behavior
Oest, Rutger van; Paap, Richard; Franses, Philip Hans - 2002
We propose a consistent utility-based framework to jointly explain a household's decisions on purchase incidence, brand …
Persistent link: https://www.econbiz.de/10011327824
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Risk and loss aversion, price uncertainty and the implications for consumer search
Soetevent, Adriaan R.; Bruzikas, Tadas - 2016
Do the choices of consumers who search for a product's best price exhibit risk neutral, risk averse or loss averse risk attitudes? We study how in a problem of sequential search with costless recall the relation between a consumer's willingness to pay for continued search and the level of price...
Persistent link: https://www.econbiz.de/10011520488
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How consumers use gift certificate
Felső, Flóra; Soetevent, Adriaan R. - 2012
Persistent link: https://www.econbiz.de/10010191025