Showing 1 - 10 of 264
We investigate whether US households possess advance information about their future income and what this means for … consumption insurance. Based on insights from a theoretical model, we propose a new test to detect advance information, which … requires only panel data on consumption and income. Using the Panel Study of Income Dynamics, we find---in contrast to the …
Persistent link: https://www.econbiz.de/10013356488
This paper presents a meta-analysis of variations in price and income elasticities of residential water demand … synthesize research results on price and income elasticities of residentialwater demand report in the literature. These … empirical estimates of the price and income elasticity ofresidential water demand vary to such considerable extents. The set of …
Persistent link: https://www.econbiz.de/10010324973
This paper presents an approach for the estimation of welfare effects of tax policy changes under heterogeneity in consumer preferences. The approach is applied to evaluate the welfare effects of current tax advantages for electric vehicles supplied as fringe benefits by employers. Drawing on...
Persistent link: https://www.econbiz.de/10010377238
In this paper we compare the new satisfaction evaluation approach, developed inthe nineties by Oswald ,Clark , Blanchflower and others with the older incomeevaluation (IEQ) approach, developed by Van Praag and Kapteyn in theseventies of the previous century. We find that both approaches yield...
Persistent link: https://www.econbiz.de/10010325594
Contribution) or changing the pension fund contribution rate on labour income (Defined Benefit). Generally, economies with Defined …
Persistent link: https://www.econbiz.de/10011932324
are negativelycorrelated with a correlation coefficient of -.3. Furthermore we explain ? and ? by income,age, gender …
Persistent link: https://www.econbiz.de/10010324926
This paper explores whether and why the pandemic differentially altered women and menÕs consumption behavior. After the 2020 wave of lockdown restrictions were lifted, women reduced consumption more than men. Data on self-reported reasons for consuming less reveals that gender differences in...
Persistent link: https://www.econbiz.de/10013356485
confidence shock in the Southern European countries and a shift in consumer preferences in the Northern European countries …, particularly among high-income earners. We conclude that the COVID-19 experience has altered consumer behavior and that long …
Persistent link: https://www.econbiz.de/10012797254
Since the early nineties, the Dutch tax system allows for a tax-favored form of risk free savings through employer-sponsored savings plans (ESSPs). Under some conditions and up to a certain amount, the contributions to this planare tax-deductible, and the returns as well as the withdrawals are...
Persistent link: https://www.econbiz.de/10010324947
Most measures of vulnerability are a-theoretic and essentially static. In this paper we use a stochastic Ramsey model to find a household's optimal welfare and we measure vulnerability as the shortfall from the welfare attained if the household consumed permanently at the poverty line. The...
Persistent link: https://www.econbiz.de/10010325021