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This paper tests whether the Ricardian Equivalence proposition holds in a life cycle consumption laboratory experiment. This proposition is a fundamental assumption underlying numerous studies on intertemporal choice and has important implications for tax policy. Using nonparametric and panel...
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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 …, respectively leisure demand effects for Germany. Using a demand system to estimate the price, cross-price and income effects of the …
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Quadratic Almost Ideal Demand System (QUAIDS) framework, which allows for an endogenous expenditure budget and endogenous …
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