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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
household labour supply and consumption behaviour. We simulate real world microdata by means of a collective approach, using a … compound procedure of estimation and calibration based on the 1998 wave of the German socioeconomic panel. We estimate a … estimation of collective models with taxation. …
Persistent link: https://www.econbiz.de/10011448527
We apply a quadratic expenditure system to estimate price and expenditure elasticities of residential energy demand (electricity and heating) in Germany. Using official expenditure data from 1993 to 2008, we estimate an expenditure elasticity for electricity of 0.3988 and of 0.4055 for space...
Persistent link: https://www.econbiz.de/10011503007
This paper considers the shape invariant modelling approach in semiparametric regression estimation. Nonparametric … estimation procedure is suggested. √N- consistency of the parameter estimates is proved. Finite sample performance of this …
Persistent link: https://www.econbiz.de/10011448993
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
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to consume (MPCs). Our main contribution is to document how MPCs vary with household characteristics and prize size, and …
Persistent link: https://www.econbiz.de/10012898430
among households, highlighting hot spots of unsustainable consumption patterns by household groups. Households in the … the lowest expenditures. Results of a microeconomic model of household's consumption behaviour estimated on the EVS data …
Persistent link: https://www.econbiz.de/10011843124
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