This paper empirically investigates the effects of changes in the interest rate as well as transitory income … significant effects of precautionary savings on the consumption-savings decision. As a result of a doubling of transitory income …

the poor: once expenditures for subsistence needs are subtracted from disposable household income, household …

The well-documented positive correlation between income risk and wealth was interpreted as evidence for high amounts of … private wealth balance sheets. Entrepreneurs, who face high income risk, hold more wealth than employees, but it is shown that … statutory pension insurance. The analysis accounts for endogeneity of entrepreneurial choice. …

-Effects-Modellen analysiert wird. Es zeigt sich, dass die klassischen Ungleichheitsmerkmale Einkommen und Bildung neben dem Alter und dem …, we observe, that individual leisure activities depend strongly on income and education along with age and gender. Over … time, the influence of income also increases. In sum, it appears that differences in leisure are indeed still strongly …

, respectively leisure demand effects for Germany. Using a demand system to estimate the price, cross-price and income effects of the …

population six times between April and June 2020. Given the size of the Covid-19 shock, we find little evidence of portfolio …-section shows large differences as young, educated, high income, and risk tolerant investors are net buyers throughout and, thus …

realistic wealth distributions and hand-to-mouth shares and MPCs across the income distribution. We highlight implications for …

future net-income risks. The uncertainty measure takes into account the interdependency of labour market status and health …