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households' consumption expenditures and their perceived pass-through of the tax change into prices to quantify its effects. The … consumption spending by 34 billion Euros. …
Persistent link: https://www.econbiz.de/10012668478
aggregate consumption for longer. …
Persistent link: https://www.econbiz.de/10014293296
of large prizes (USD 8,300-150,000) is slightly below one half. While the consumption responses we find are high, their …
Persistent link: https://www.econbiz.de/10011872933
smaller for families with more appetite to consume. For the MPC, we document greater responses of non-energy consumption when … subsidies on energy for Belgian low-income households are much more effective in supporting non-energy consumption than the …
Persistent link: https://www.econbiz.de/10013473647
consumption via managing inflation expectations based on the Euler equation. Unconventional fiscal policy uses trivial … announcements of future consumer-price increases to boost inflation expectations and consumption expenditure on impact. Instead …
Persistent link: https://www.econbiz.de/10012057290
on debt composition. Based on a simulation exercise, we find a limited effect of wealth shocks on consumption inequality …. An increase in stock prices tends however to slightly increase consumption inequality, especially at the top of the …
Persistent link: https://www.econbiz.de/10011735887
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 September to November 2020. Households reduced their consumption …
Persistent link: https://www.econbiz.de/10014252555
beliefs about nominal debt and their own real net wealth. These changes in beliefs causally affect actual consumption and … hypothetical debt decisions. Our findings suggest that real wealth mediates the sensitivity of consumption to inflation once …
Persistent link: https://www.econbiz.de/10014364676
the period 1980q1-2011q4. That is, income is more often found to predict consumption and saving than the converse. Our … consumption and by exploring the direction of Granger causality between the two series. We also give evidence that house price … changes played a role in the US income and consumption dynamics, before, during and after the Great Recession. …
Persistent link: https://www.econbiz.de/10010518800
relatively ineffective in stimulating consumption with regards to their costs when compared to other measures such as (targeted …
Persistent link: https://www.econbiz.de/10014275958