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Corruption and cheating: Evidence from rural Thailand

Hübler, Olaf; Koch, Melanie; Menkhoff, Lukas; Schmidt, … - 2020

This study tests the prediction that perceived corruption reduces ethical behavior. Integrating a standard "cheating" experiment into a broad household survey in rural Thailand, we find clear support for this prediction: respondents who perceive corruption in state affairs are more likely to...

Persistent link: https://www.econbiz.de/10012388464

Mortality and Survivors' Consumption

Grimm, Michael - 2006

In developing countries illness shocks can have a severe impact on household income. Few studies have so fare examined the effects of mortality. The major difference between illness and mortality shocks is that a death of a household member does not only induce direct costs such as medical and...

Persistent link: https://www.econbiz.de/10010324240

Growth and Poverty in Burkina Faso: A Reassessment of the Paradox

Grimm, Michael; Günther, Isabel - 2005

Previous poverty assessments for Burkina Faso were due to the neglect of some important methodological issues misleading and led to the so-called ?Burkinab? Growth-Poverty-Paradox?, i.e. relatively sustained macro-economic growth, but almost constant poverty. We estimate that poverty...

Persistent link: https://www.econbiz.de/10010260844

Precautionary and entrepreneurial saving: new evidence from German households

Fossen, Frank M.; Rostam-Afschar, Davud - 2009

The well-documented positive correlation between income risk and wealth was interpreted as evidence for high amounts of precautionary wealth in various studies. However, the large estimates emerged from pooling non-entrepreneurs and entrepreneurs without controlling for heterogeneity. This paper...

Persistent link: https://www.econbiz.de/10010271125

Confronting the representative consumer with household-size heterogeneity

Koulovatianos, Christos; Schröder, Carsten; Schmidt, Ulrich - 2010

Much analysis in macroeconomics empirically addresses economy-wide incentives behind consumer/investment choices by using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize attempts to back up the representative consumer...

Persistent link: https://www.econbiz.de/10010285745

Household savings decision and income uncertainty

Beznoska, Martin; Ochmann, Richard - 2010

uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the … uncompensated interest rate elasticity for savings, in line with the literature, to around zero. Accordingly, any policy …-induced variation of net returns to savings is expected to have no significant effects on the level of savings. Moreover, we find …

Persistent link: https://www.econbiz.de/10010285757

Does consumption decline at retirement? Evidence from repeated cross-section data for Germany

Beznoska, Martin; Steiner, Viktor - 2012

The life-cycle hypothesis implies that consumption would not decline at retirement. However, several studies found relevant declines in food consumption after retirement for the United States. Others concluded that this contradiction of the life-cycle hypothesis is solved by allowing for broader...

Persistent link: https://www.econbiz.de/10010287261

Does the behaviour of myopic addicts support the rational addiction model? A simulation

Frank, Björn - 2002

Becker and Murphy (1988) constructed, in a well-known paper, a model of rational addiction in which people solve a dynamic optimization problem, choose an optimal timepath of drug consumption and thereby maximize lifetime utility. The model leads to the hypothesis that future consumption is a...

Persistent link: https://www.econbiz.de/10010260808

Financial literacy: Thai middle class women do not lag behind

Grohmann, Antonia; Hübler, Olaf; Kouwenberg, Roy; … - 2016

This research studies the stylized fact of a "gender gap" in that women tend to have lower financial literacy than men. Our data which samples middle-class people from Bangkok does not show a gender gap. This result is not explained by men's low financial literacy, nor by women's high income and...

Persistent link: https://www.econbiz.de/10011560381

Financial literacy and intertemporal arbitrage

Oberrauch, Luis; Kaiser, Tim - 2020

We study the role of financial literacy for inter-temporal decision-making using an adapted version of the Convex Time Budget Protocol (Andreoni and Sprenger 2012). While we find no evidence of dynamically inconsistent preferences in the aggregate, we document substantial heterogeneity in...

Persistent link: https://www.econbiz.de/10012320278

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