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Persistent link: https://www.econbiz.de/10012513291
House prices increased considerably in Denmark during the pandemic, while consumption remained moderate. This memo … single- and multi-family houses in Denmark obtained from a machine learning model. We find that the marginal propensity to …
Persistent link: https://www.econbiz.de/10013502383
We analyse differences in inflation rates between poor and rich households that arise from heterogeneity in household consumption baskets. Over the 1996 – 2020 period, inflation differences by income are small. From 2020 on, inflation has been about 3pp higher at the bottom of the income...
Persistent link: https://www.econbiz.de/10014304233