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Are the poor more impatient than the rich? : experimental evidence on the effect of (lab) wealth on intertemporal preferences

Siebert, Jan - 2020

Poor people have, on average, a higher marginal propensity to consume. One (out of many) possible explanations for this is that poverty affects impatience. This would have important implications for monetary and fiscal policy. While some macroeconomists simply assume lower individual discount...

Persistent link: https://www.econbiz.de/10012206628

The subjective inflation expectations of households and firms : measurement, determinants, and implications

Weber, Michael; D'Acunto, Francesco; Gorodnichenko, Yuriy; … - 2022

Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...

Persistent link: https://www.econbiz.de/10013271201

The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications

Weber, Michael; D’Acunto, Francesco; Gorodnichenko, Yuriy - 2022

Persistent link: https://www.econbiz.de/10013351930

Individual learning about consumption

Allen, Todd W.; Carroll, Christopher D. - 2001

The standard approach to modelling consumption/saving problems is to assume that the decisionmaker is solving a dynamic … stochastic optimization problem However under realistic descriptions of utility and uncertainty the optimal consumption/saving …

Persistent link: https://www.econbiz.de/10010293482

Adding household surveys to the behavioral economics toolbox: insights from the SOEP innovation sample

Fischbacher, Urs; Neyse, Levent; Richter, David; … - In: Journal of the Economic Science Association 10 (2024) 1, pp. 136-151

While laboratory and field experiments are the major items in the toolbox of behavioral economists, household panel …

Persistent link: https://www.econbiz.de/10015166228

A Comment on "The formality effect"

Arispe Tejada, Samuel; Marino Fages, Diego - 2025

In this comment, we computationally reproduce the results of Linos et al. (2024), which shows contrary to researcher and practitioner predictions, that formal government communications are more effective at influencing resident behavior than informal government communications. We succeeded in...

Persistent link: https://www.econbiz.de/10015436002

Adding household surveys to the behavioral economics toolbox: Insights from the SOEP Innovation Sample

Fischbacher, Urs; Neyse, Levent; Richter, David; … - 2022

Integrating economic experiments into household surveys provides unique possibilities. We introduce the German Socio …

Persistent link: https://www.econbiz.de/10013171337

A comment on "The formality effect"

Arispe Tejada, Samuel; Mariño Fages, Diego - 2025

Persistent link: https://www.econbiz.de/10015437515

Adding household surveys to the behavioral economics toolbox: insights from the SOEP Innovation Sample

Fischbacher, Urs; Neyse, Levent; Richter, David; … - 2022

Integrating economic experiments into household surveys provides unique possibilities. We introduce the German Socio …

Persistent link: https://www.econbiz.de/10013166791

The retirement consumption puzzle: Evidence from a regression discontinuity approach

Battistin, Erich; Brugiavini, Agar; Rettore, Enrico; … - 2008

In this paper we investigate the size of the consumption drop at retirement in Italy. We use micro data on food and … total non-durable household spending covering the period 1993-2004, and evaluate the change in consumption that accompanies … decision. We take a regression discontinuity approach, and make the identifying assumption that consumption would be the same …

Persistent link: https://www.econbiz.de/10010275727