Showing 1 - 10 of 246
This study explores the long-run effects of a temporary scarcity of a consumption good on preferences towards that good once the shock is over. Specifically, we focus on individuals who were children during World War II and assess the consequences of the temporary drop in meat availability they...
Persistent link: https://www.econbiz.de/10014441326
Persistent link: https://www.econbiz.de/10013262884
I estimate permanent and transitory tax-price and income elasticity of charitable giving in Germany using a rich panel … the permanent tax-price elasticity varies significantly by income class, ranging from -0.2 for low incomes to -1.6 for … higher incomes. Permanent income elasticity does not vary much among income classes, is rather low, and ranges between 0 …
Persistent link: https://www.econbiz.de/10010237654
population subgroups for total income inequality. Moreover, we show that existing methods are unsuitable to decompose the trend …
Persistent link: https://www.econbiz.de/10010414242
We use a unique dataset with bank clients’ security holdings for all German banks to examine how macroeconomic shocks affect asset allocation preferences of households and non-financial firms. Our analysis focuses on two alternative mechanisms which can influence portfolio choice: wealth...
Persistent link: https://www.econbiz.de/10010258831
Whether couples pool their resources and behave like a unit or spend their income individually is crucial for social and tax policy. In this paper, I provide a test of the income pooling hypothesis using administrative cross-sectional survey data on expenditures and individual incomes of couple...
Persistent link: https://www.econbiz.de/10011972980
administrative data from the German Federal Statistical Office, extended disposable income inequality is found to be significantly … lower than disposable cash income inequality at the five percent level across all years. However, the extension does not … significantly change distributional trends. At the same time, publicly provided childcare and schooling notably decrease inequality …
Persistent link: https://www.econbiz.de/10011625627
Wealth in addition to income determines to a large degree an individual’s consumption opportunities and economic situation, which should in turn affect their subjective well-being. We analyse empirically the relationship between life satisfaction as an indicator of subjective well being and...
Persistent link: https://www.econbiz.de/10013171766
By using estimates from an Almost Ideal Demand System (AIDS), we investigate how the German energy tax on car fuels changes the private households-CO2 emissions, living standards, and post-tax income distribution. Our results show that the tax implies a trade-off between the aim to reduce...
Persistent link: https://www.econbiz.de/10010483410
This paper estimates income tax underreporting for the case of Germany, by income category and along the income distribution. Comparing weighted samples of survey and tax data, we find patterns that are in line with the literature: Average income from self-employment and from rent and lease in...
Persistent link: https://www.econbiz.de/10012697780