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MPC heterogeneity and household balance sheets

Fagereng, Andreas; Holm, Martin Blomhoff; Natvik, Gisle … - 2018

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/10011872933

Non-parametric preprocessing for the estimation of equivalence scales

Dudel, Christian; Garbuszus, Jan Marvin; Ott, Notburga; … - 2014

Empirically analyzing household behavior usually relies on informal data preprocessing. That is, before an econometric … German micro-data on household expenditure to estimate equivalence scales as a specific example. Our results show that …

Persistent link: https://www.econbiz.de/10010458584

The carbon footprint of global trade imbalances

Mahlkow, Hendrik; Wanner, Joschka - 2023

International trade is highly imbalanced both in terms of values and in terms of embodied carbon emissions. We show that the persistent current value trade imbalance patterns contribute to a higher level of global emissions compared to a world of balanced international trade. Specifically, we...

Persistent link: https://www.econbiz.de/10014414198

Households' response to the wealth effects of inflation

Schnorpfeil, Philip; Weber, Michael; Hackethal, Andreas - 2023

We study the redistributive effects of inflation combining administrative bank data with an information provision experiment during an episode of historic inflation. On average, households are well-informed about prevailing inflation and are concerned about its impact on their wealth; yet, while...

Persistent link: https://www.econbiz.de/10014364676

Is there a green dividend of national redistribution?

Gürer, Eren; Weichenrieder, Alfons J. - 2022

CO2 emissions are disproportionately caused by more affluent consumers. In the political debate, this fact has triggered the demand for income redistribution and wealth taxes not only to reduce inequality but also to reduce CO2 emissions. This paper calculates the possible size of such a green...

Persistent link: https://www.econbiz.de/10013384906

CO2 embedded in trade : trends and fossil fuel drivers

Weber, Sylvain; Gerlagh, Reyer; Mathys, Nicole A.; … - 2019

The amount of CO2 embedded in trade has substantially increased over the last decades. We study the trends and some drivers of the carbon content of trade over the period 1995-2009. Our main findings are the following. First, the mix of traded goods tends to have higher emission intensity than...

Persistent link: https://www.econbiz.de/10011987069

Consumption patterns of indebted households : unravelling the relevance of fiscal policy

Afonso, António; Rodrigues, Eduardo de Sá Fortes Leitão - 2023

We have investigated the influence of fiscal instruments, notably taxes on income and government spending, on household … consumption in two different samples and two measures of household debt to provide a comprehensive analysis of the topic. We used … government spending or reduced taxes, in the presence of high indebtedness, actually discourage household consumption compared to …

Persistent link: https://www.econbiz.de/10014314290

Transboundary pollution control with both production and consumption emissions

Haruna, Shoji; Goel, Rajeev K. - 2023

This paper adds to the literature on transboundary pollution by considering pollution related to both production and … transboundary pollution to analyze the effects of trade liberalization on economic performance under two types of pollution. Our … pollution is considered. When trade liberalization policy is mutually implemented, consumer surplus and social environmental …

Persistent link: https://www.econbiz.de/10014366060

Driving factors of carbon dioxide emissions and the impact from Kyoto protocol

Grunewald, Nicole; Martínez-Zarzoso, Inmaculada - 2009

In the last two decades increasing attention has been paid to the relationship between environmental degradation and economic development. According to the Environmental Kuznets Curve (EKC) hypothesis this relationship may be described by an inverted-U curve. However, recent evidence rejects the...

Persistent link: https://www.econbiz.de/10003872821

Energy consumption, economic growth and CO2 emissions in Middle East and North African Countries

Arouri, Mohamed; BenYoussef, Adel; M'Henni, Hatem; … - 2012

This article extends the recent findings of Liu (2005), Ang (2007), Apergis et al. (2009) and Payne (2010) by implementing recent bootstrap panel unit root tests and cointegration techniques to investigate the relationship between carbon dioxide emissions, energy consumption, and real GDP for 12...

Persistent link: https://www.econbiz.de/10009488888

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