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US and European Household Debt and Credit Constraints
Crook, Jonathan; Hochguertel, Stefan - 2007
consumption models, including a numerically solved precautionary savings model. We find that inter-country differences are …
Persistent link: https://www.econbiz.de/10010325196
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House Prices, Second Mortgages and Household Savings; An Empirical Investigation for the Netherlands, 1987-1994
Rouwendal, Jan; Alessie, Rob - 2002
Since the beginnings of the eighties house prices in the Netherlands haveincreased steadily and considerably. In this paper we study the effect of this developmenton the demand for second mortgages and on the savings of Dutch households. We use the dataof the Dutch socio-economic panel for the...
Persistent link: https://www.econbiz.de/10010325002
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Vulnerability in a Stochastic Dynamic Model
Elbers, Chris; Gunning, Jan Willem - 2003
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
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The COVID-19 consumption game-changer: Evidence from a large-scale multi-country survey
Hodbod, Alexander; Hommes, Cars H.; Huber, Stefanie J.; … - 2021
in consumption in five key sectors: tourism, hospitality, services, retail, and public transports. We identify a large …-term sectoral consumption shifts may occur. …
Persistent link: https://www.econbiz.de/10012797254
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SHE can't afford it and HE doesn't want it: The gender gap in the COVID-19 consumption response
Huber, Stefanie - 2022
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 …. Women report financial constraints more frequently. Men adapted more to the limited consumption possibilities during the …
Persistent link: https://www.econbiz.de/10013356485
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Entrepreneurial Moral Hazard in Income Insurance : Empirical Evidence from a Large Administrative Sample
Ejrnaes, Mette - 2008
We study risk behavior of Danish self-employed entrepreneurs, whose income risk may be driven by both exogenous factors and effort choice (moral hazard). Partial insurance is available through voluntary unemployment insurance (UI). Additional incentives to sign insurance contracts stem from a...
Persistent link: https://www.econbiz.de/10012771178
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Price and Income Elasticities of Residential Water Demand: Why Empirical Estimates differ
Dalhuisen, Jasper M.; Florax, Raymond J.G.M.; de Groot, … - 2001
This paper presents a meta-analysis of variations in price and income elasticities of residential water demand.Information on the determinants of consumer demand is of pivotal importance for the efficiency and efficacy ofpublic and private policy-making. It is also crucial for effective water...
Persistent link: https://www.econbiz.de/10010324973
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Welfare Effects of Distortionary Tax Incentives under Preference Heterogeneity: An Application to Employer-provided Electric Cars
Dimitropoulos, Alexandros; van Ommeren, Jos N.; Koster, Paul - 2014
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
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Savings Adequacy Uncertainty: Driver or Obstacle to Increased Pension Contributions?
van Schie, Ron J.G.; Donkers, Bas; Dellaert, Benedict G.C. - 2012
Deciding how much to save for retirement is a difficult task that includes many uncertainties. In this paper, we use data from a representative Dutch household panel to study the impact of uncertainty regarding one's savings adequacy on retirement savings contributions and information search...
Persistent link: https://www.econbiz.de/10010326496
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Who is at the Top? Wealth Mobility over the Life Cycle
Hochguertel, Stefan; Ohlsson, Henry - 2012
Who is wealthy? This paper presents empirical estimates of household movements into and out of the top percents of the wealth distribution over individual life cycles. There are life-cycle motives and precautionary motives for wealth accumulation. The opportunities to accumulate wealth create...
Persistent link: https://www.econbiz.de/10010326502