Showing 1 - 10 of 1,207
This paper studies household financial choices in four euro area countries. The goal of the analysis is to understand … household income and asset market returns, has a differential impact on individuals within and across countries. Generally, poor … policy-induced variations in stock returns. Finally, monetary contractions have a larger impact on consumption in Germany and …
Persistent link: https://www.econbiz.de/10012480733
luxury goods. Moreover, uncertainty reduces household propensity to invest in mutual funds. These results support the notion … that macroeconomic uncertainty can impact household decisions and have large negative effects on economic outcomes …
Persistent link: https://www.econbiz.de/10012496179
quantitative measure of individual and household caloric requirements. We then link our estimates of caloric requirements with … consumption data to examine how caloric requirements coupled with household expenditures shape food demand. Our applications … household-scale and changes in caloric intake over time …
Persistent link: https://www.econbiz.de/10012456973
family's health, nutrition, and finances. However, this does not increase overall adoption of health-promoting behaviors or … protein-rich foods as well as household spending on these foods …
Persistent link: https://www.econbiz.de/10014226159
household utility and benefits of eliminating idiosyncratic shocks related to the business cycle as 3.4% of utility. Estimates … the business cycle, estimate the negative skewness of shocks, target moments of idiosyncratic shocks from household … insuring idiosyncratic shocks unrelated to the business cycle, such as the death of a household's prime wage earner and job …
Persistent link: https://www.econbiz.de/10012599299
As the pandemic spread across the U.S., disagreement among U.S. households about inflation expectations surged along with the mean perceived and expected level of inflation. Simultaneously, the inflation experienced by households became more dispersed. Using matched micro data on spending of...
Persistent link: https://www.econbiz.de/10012814415
We investigate the stochastic relation between income and consumption (specifically, consumption of food) within a panel of about 2,000 households. Our major findings are: 1. Consumption responds much more strongly to permanent than to transitory movements of income. 2. The response to...
Persistent link: https://www.econbiz.de/10012478631
We implement a survey of Dutch households in which random subsets of respondents receive information about inflation. The resulting exogenously generated variation in inflation expectations is used to assess how expectations affect subsequent monthly consumption decisions relative to those in a...
Persistent link: https://www.econbiz.de/10012480052
Expenditure visibility--the extent to which a household's spending on a consumption category is noticeable to others …
Persistent link: https://www.econbiz.de/10012480813
When the zero lower bound on nominal interest rate binds, monetary policy makers may lack traditional tools to stimulate aggregate demand. We investigate whether "unconventional" fiscal policy, in the form of pre-announced consumption tax changes, has the potential to meaningfully shift durables...
Persistent link: https://www.econbiz.de/10012480864