Homeownership rates differ widely across European countries. We document that part of this variation is driven by … homeownership rates per household, homeownership rates per individual are very similar during the first part of the life cycle. To … consumption-saving and housing tenure decisions. We embed an explicit intergenerational link between children and parents to …

Simple life cycle and permanent income hypotheses imply that changes in consumption should be unforecastable. Rational … forward-looking agents ought to smooth consumption over the life cycle and exhaust the asset stock accumulated during the … review of literature focuses particularly on the life cycle issues of consumption behaviour. …

This paper tests whether the Ricardian Equivalence proposition holds in a life cycle consumption laboratory experiment … not hold in general. Our results suggest that taxation has a significant and strong impact on consumption choice. Over the … life cycle, a tax relief increases consumption on average by about 22% of the tax rebate. A tax increase causes consumption …

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 measures of consumption than food. Using repeated crosssection data …

the eff ects of social image concerns and peer information on consumption choices that can be financed through debt taking …. We find that having to announce one's consumption decision publicly leads to leaving money on the table, which is the …

constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new … harmonized data set collecting detailed information on wealth holdings, consumption and income at the household level. Since the …