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Conspicuous consumption and communism : evidence from East and West Germany
Friehe, Tim; Mechtel, Mario - 2012
use the separation of Germany into the communist GDR and the democratic FRG and its reunification in 1990 as a natural … experiment. Relying on household data that are representative for Germany, our empirical results strongly indicate that … conspicuous consumption is relatively more important in East Germany. Importantly, a significant gap in conspicuous consumption …
Persistent link: https://www.econbiz.de/10009621765
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Defaults and donations : evidence from a field experiment
Altmann, Steffen; Falk, Armin; Heidhues, Paul; … - 2014
We study how website defaults affect consumer behavior in the domain of charitable giving. In a field experiment that was conducted on a large platform for making charitable donations over the web, we exogenously vary the default options in two distinct choice dimensions. The first pertains to...
Persistent link: https://www.econbiz.de/10010462640
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Buying control? : "locus of control" and the uptake of supplementary health insurance
Bonsang, Eric; Costa-Font, Joan; New, Sonja C. de - 2021
. Drawing on longitudinal data from Germany, we find robust evidence that individuals having an internal LOC are more likely to …
Persistent link: https://www.econbiz.de/10012607206
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Who bears the burden of real estate transfer taxes? : evidence from the German housing market
Dolls, Mathias; Fuest, Clemens; Krolage, Carla; … - 2021
This paper examines the effects of real estate transfer taxes (RETT) on property prices using a rich micro dataset of roughly 17 million German properties for the period from 2005 to 2019. We exploit a 2006 constitutional reform that allows states to set their own RETT rates, leading to frequent...
Persistent link: https://www.econbiz.de/10012417752
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Low homeownership in Germany : a quantitative exploration
Kaas, Leo; Kocharkov, Georgi; Preugschat, Edgar; … - 2017
The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we … analyze the role of three specific policies which discourage homeownership in Germany: an extensive social housing sector with …
Persistent link: https://www.econbiz.de/10011761605
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The future of work and consumption in cities after the pandemic : evidence from Germany
Alipour, Jean-Victor; Falck, Oliver; Krause, Simon; … - 2022
We estimate the impact of Covid-induced working from home (WFH) on offline consumer spending in urban agglomerations. Our analysis draws on postcode-level data on card transactions and WFH patterns in major German cities between January 2019 and May 2022. We address endogeneity in WFH uptake by...
Persistent link: https://www.econbiz.de/10013411572
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Round-number effects in real estate prices : evidence from Germany
Englmaier, Florian; Roider, Andreas; Schlereth, Lars; … - 2023
with earlier findings, residential real estate transactions in Germany cluster at round-number prices, but there are also …
Persistent link: https://www.econbiz.de/10014426542
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Perceived wealth, cognitive sophistication and behavioral inattention
Assenza, Tiziana; Cardaci, Alberto; Delli Gatti, Domenico - 2019
By means of a laboratory experiment, we show that, contrary to standard consumer theory, financially equivalent balance …
Persistent link: https://www.econbiz.de/10012138808
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When a nudge backfires : combining (im)plausible deniability with social and economic incentives to promote behavioral change
Bolton, Gary E.; Dimant, Eugen; Schmidt, Ulrich - 2020 - This version: January 17, 2020
Both theory and recent empirical evidence on nudging suggest that observability of behavior acts as an instrument for …
Persistent link: https://www.econbiz.de/10012158705
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The political economy of sin taxes
Haavio, Markus; Kotakorpi, Kaisa Ilona - 2009
We analyse the determination of taxes on harmful goods when consumers have self-control problems. We show that under reasonable assumptions, the socially optimal corrective tax exceeds the average distortion caused by self-control problems. Further, we analyse how individuals with self-control...
Persistent link: https://www.econbiz.de/10003850338