Showing 1 - 10 of 2,071
Persistent link: https://www.econbiz.de/10012594294
Persistent link: https://www.econbiz.de/10000886903
Persistent link: https://www.econbiz.de/10013332488
Persistent link: https://www.econbiz.de/10012594277
This paper investigates empirically the consumer demand of environmentally relevant goods for Germany, as well as their relationship to the demand for leisure. Higher prices for energy goods like gas, electricity or fuel oil due to higher indirect taxation amongst others may have serious welfare...
Persistent link: https://www.econbiz.de/10010340294
We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions … endowments after retirement, the theory does predict a fall of total market consumption expenditures. In order not to mistake …-cycle theory. For retirees we also find significant effects of the income reduction at retirement on housing. However, the effects …
Persistent link: https://www.econbiz.de/10011455042
We follow Fuhrer (2000) in estimating via Maximum Likelihood a log-linear consumption function on UK data. In doing so we consider various habit formation assumptions. We show that a model of purely external habits as in Fuhrer (2000) fits the UK data remarkably well, and possibly in a superior...
Persistent link: https://www.econbiz.de/10011517872
Persistent link: https://www.econbiz.de/10012604376
Persistent link: https://www.econbiz.de/10013193894
Persistent link: https://www.econbiz.de/10012667755