countries. We estimate the MPC based on a cross-country harmonized household level dataset which combines surveys on wealth …

cars. Moreover, we show that such beliefs also influence household expectations about own income prospects, future access … Ricardian effects in household behaviour. We find that perceptions affect spending also among households that did not receive …

panel component on the Survey of Household Income and Wealth. We find that households that received the tax rebate increased … mechanism behind our results we then simulate an overlapping generations model of household consumption: the marginal propensity …

differences in the prices paid for the same product and differences in the household-specific variety choice within a category … household behaviour, a significant and time-varying inflation difference between income groups emerges. Substitution is strongly … behaviour-driven and largely detached from the relative price. The dispersion of the household-level elasticity of substitution …