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Estimating a consumer demand system of energy, mobility and leisure : a microdata approach for Germany
Beznoska, Martin - 2014
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/10010339053
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The incidence of the European Union Emissions Trading System and the role of revenue recycling : empirical evidence from combined industry- and household-level data
Beznoska, Martin; Cludius, Johanna; Steiner, Viktor - 2012
household-level data. By combining data on direct CO2 emissions by production sector from the German Environmental Account with …
Persistent link: https://www.econbiz.de/10009579351
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Estimating risky behavior with multiple-item risk measures : an empirical examination
Menkhoff, Lukas; Sakha, Sahra - 2016
We compare seven established risk elicitation methods and investigate how they robustly explain eleven kinds of risky behavior with 760 individuals. Risk measures are positively correlated; however, their performance in explaining behavior is heterogeneous and, therefore, difficult to assess ex...
Persistent link: https://www.econbiz.de/10011539235
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Measuring state dependence in individual poverty status : are there feedback effects to employment decisions and household composition?
Biewen, Martin (contributor) - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002121750
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"Making Work Pay" in a rationed labour market: the mini-job reform in Germany
Bargain, Olivier; Caliendo, Marco; Haan, Peter; Orsini, … - 2005
To tackle mass unemployment and increase participation rates, the German government over recent years has mainly focused on supply side strategies, including 'making work pay' policies. The 2003 Mini-Job reform introduced an extended subsidy of social security contributions for low wage workers....
Persistent link: https://www.econbiz.de/10003230646
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Wage risk and portfolio choice : the role of correlated returns
König, Johannes; Longmuir, Maximilian - 2021
From standard portfolio-choice theory it is well-understood that background risk, overwhelmingly due to wage risk, is one of the central determinants of individuals’ portfolio composition: higher background risk reduces risky investments. However, if background risk is negatively correlated...
Persistent link: https://www.econbiz.de/10012623685
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Risky asset holdings during Covid-19 and their distributional impact : evidence from Germany
Menkhoff, Lukas; Schröder, Carsten - 2021
We present evidence from a repeated survey on risky asset holdings carried out on a representative sample of the German population six times between April and June 2020. Given the size of the Covid-19 shock, we find little evidence of portfolio rebalancing in April 2020. In May, however,...
Persistent link: https://www.econbiz.de/10012596661
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The heterogeneous effects of social assistence and unemployment insurance : evidence from a life-cycle model of family labor supply and savings
Haan, Peter; Prowse, Victoria - 2023
by age, education, wealth, sex and household composition. In aggregate, social assistance dominates unemployment …
Persistent link: https://www.econbiz.de/10014305682
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The store-of-value-function of money as a component of household risk management
Größl, Ingrid (contributor); Fritsche, Ulricht (contributor) - 2007
We analyse how money as a store of value affects the decisions of a representative household under diversifiable and … exponential utility allows us to derive an explicit relationship between optimal money holdings, the household’s desire to tilt …
Persistent link: https://www.econbiz.de/10003411706
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Confronting the representative consumer with household-size heterogeneity
Koulovatianos, Christos; Schröder, Carsten; Schmidt, Ulrich - 2010
using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize …-level heterogeneity is household size, as individuals living in multi-member households have the potential to share goods within the … household, benefiting from household-size economies. Theoretically, we show that validating the role of a representative …
Persistent link: https://www.econbiz.de/10009262082