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Wealth Shocks, Unemployment Shocks and Consumption in the Wake of the Great Recession

Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - C.E.P.R. Discussion Papers - 2014

We use data from the 2009 Internet Survey of the Health and Retirement Study to examine the consumption impact of …

Persistent link: https://www.econbiz.de/10011083841

Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession

Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - Center for Financial Studies - 2014

We use data from the 2009 Internet Survey of the Health and Retirement Study to examine the consumption impact of …

Persistent link: https://www.econbiz.de/10010958788

Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession

Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - 2015

Data from the 2009 Internet Survey of the Health and Retirement Study show that many U.S. households experienced large capital losses in housing and financial wealth, and that 5% of respondents lost their job during the Great Recession. As a consequence of these shocks, many households reduced...

Persistent link: https://www.econbiz.de/10011605807

The Covid-19 crisis and consumption: Survey evidence from six EU countries

Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - 2020

estimates the impact of the Covid-19 crisis on consumption. The panel provides, each month, household-specific indicators of the … concern causes a significant reduction in nondurable consumption. The paper also explores the potential impact on consumption … of government interventions and of another wave of Covid-19, using household-level consumption adjustments to scenarios …

Persistent link: https://www.econbiz.de/10012422169

Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession

Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - 2014

We use data from the 2009 Internet Survey of the Health and Retirement Study to examine the consumption impact of …

Persistent link: https://www.econbiz.de/10010420293

Consumption uncertainty and precautionary saving

Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - 2016

Persistent link: https://www.econbiz.de/10011439557

Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession

Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - In: Journal of monetary economics 72 (2015), pp. 21-41

Persistent link: https://www.econbiz.de/10011381660

Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession

Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - 2014

We use data from the 2009 Internet Survey of the Health and Retirement Study to examine the consumption impact of …

Persistent link: https://www.econbiz.de/10010411277

The COVID-19 crisis and consumption : survey evidence from six EU countries

Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - 2020 - This version: December 11, 2020

Persistent link: https://www.econbiz.de/10012665310

Consumption Uncertainty and Precautionary Saving

Christelis, Dimitris - 2017

saving motive by eliciting subjective expectations on future consumption. We find that expected consumption risk is higher … expectations (rather than consumption realizations, as in the existing literature) in a Euler equation for consumption, and … estimate the degree of prudence by associating expected consumption risk with expected consumption growth. Robust OLS and IV …

Persistent link: https://www.econbiz.de/10012970398