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Expenditure Visibility and Consumer Behavior : New Evidence

Heffetz, Ori - 2018

Expenditure visibility—the extent to which a household's spending on a consumption category is noticeable to others—is measured in three new surveys, with ~3,000 telephone and online respondents. Visibility shows little change across time (ten years) and survey methods. Four different...

Persistent link: https://www.econbiz.de/10012909500

A Global View of Cross-Border Migration

di Giovanni, Julian - 2014

flows - such as Jamaica or El Salvador - are also better off due to migration, but for a different reason: remittances. The …This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … differences, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of …

Persistent link: https://www.econbiz.de/10013056595

Spouses with benefits: on match quality and consumption inside households

Browning, Martin James; Cherchye, Laurens; Demuynck, Thomas - 2024

Persistent link: https://www.econbiz.de/10014578388

The gain from the drain : skill-biased migration and global welfare

Biavaschi, Costanza; Burzynski, Michal; Elsner, Benjamin; … - 2016

Persistent link: https://www.econbiz.de/10011629347

A Model of the Consumption Response to Fiscal Stimulus Payments

Kaplan, Greg - 2011

A wide body of empirical evidence finds that around 25 percent of fiscal stimulus payments (e.g., tax rebates) are spent on nondurable household consumption in the quarter that they are received. To interpret this fact, we develop a structural economic model where households can hold two assets:...

Persistent link: https://www.econbiz.de/10013121052

The Joint Identification of Utility and Discount Functions from Stated Choice Data : An Application to Durable Goods Adoption

Dubé, Jean-Pierre - 2012

We present a survey design that generalizes static conjoint experiments to elicit inter-temporal adoption decisions for durable goods. We show that consumers' utility and discount functions in a dynamic discrete choice model are jointly identified using data generated by this specific design. In...

Persistent link: https://www.econbiz.de/10013100670

Guns, Latrines, and Land Reform : Private Expectations and Public Policy

Kremer, Michael - 2016

Dynamically and statically optimal Pigouvian subsidies on durables will differ in a growing economy. For durables with positive externalities, such as sanitation, statically optimal subsidies will typically grow. However, in a dynamic game, governments can most cheaply induce optimal purchasing...

Persistent link: https://www.econbiz.de/10013000512

Dynamics of Consumer Demand for New Durable Goods

Gowrisankaran, Gautam - 2009

Most new consumer durable goods experience rapid prices declines and quality improvements, suggesting the importance of modeling dynamics. This paper specifies a dynamic model of consumer preferences for new durable goods with persistently heterogeneous consumer tastes, rational expectations,...

Persistent link: https://www.econbiz.de/10012764836

Asymmetric Effects of Non-Pecuniary Signals on Search and Purchase Behavior for Energy-Efficient Durable Goods

Holladay, James Scott - 2016

We report the results of a field experiment where we exogenously vary the use of social comparisons "nudges" and subsidies for participation in an in-home energy audit program, and follow subjects through to the subsequent purchase of durable goods. We therefore can compare the causal effect of...

Persistent link: https://www.econbiz.de/10012977280

Mortgage Rates, Household Balance Sheets, and the Real Economy

Keys, Benjamin J. - 2014

This paper investigates the impact of lower mortgage rates on household balance sheets and other economic outcomes during the housing crisis. We use proprietary loan-level panel data matched to consumer credit records using borrowers' Social Security numbers, which allows for accurate...

Persistent link: https://www.econbiz.de/10013046153

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