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We use the responses of a representative sample of Dutch households to survey questions that ask how much they would consume of an unexpected, transitory, and positive income change, and by how much they would reduce their consumption in response to an unexpected, transitory, and negative income...
Persistent link: https://www.econbiz.de/10012963369
Using survey data from a representative sample of Dutch households, we estimate the strength of the precautionary saving motive by eliciting subjective expectations on future consumption. We find that expected consumption risk is higher for the young and the self-employed, and is correlated...
Persistent link: https://www.econbiz.de/10013000340
We use the responses of a representative sample of Dutch households to survey questions that ask how much they would consume of an unexpected, transitory, and positive income change, and by how much they would reduce their consumption in response to an unexpected, transitory, and negative income...
Persistent link: https://www.econbiz.de/10012960015
Using survey data from a representative sample of Dutch households, we estimate the strength of the precautionary saving motive by eliciting subjective expectations on future consumption. We find that expected consumption risk is higher for the young and the self-employed, and is correlated...
Persistent link: https://www.econbiz.de/10012936705
We use the responses of a representative sample of Dutch households to survey questions that ask how much their consumption would change in response to unexpected, permanent, positive or negative shocks to their home value. The average MPC is in the 2.1-4.7% range, in line with econometric...
Persistent link: https://www.econbiz.de/10012868834
Using survey data from a representative sample of Dutch households, we estimate the strength of the precautionary saving motive by eliciting subjective expectations on future consumption. We find that expected consumption risk is higher for the young and the self-employed, and is correlated...
Persistent link: https://www.econbiz.de/10012970398
We use responses to survey questions in the 2010 Italian Survey of Household Income and Wealth that ask consumers how … plays an important role. The results have important implications for predicting household responses to tax reforms and …
Persistent link: https://www.econbiz.de/10010949159
We use the responses of a representative sample of Dutch households to survey questions that ask how much their consumption would change in response to unexpected, permanent, positive or negative shocks to their home value. The average MPC is in the 2.1-4.7% range, in line with econometric...
Persistent link: https://www.econbiz.de/10012864710
The paper studies the determinants of international differences in household indebtedness, and inquires whether … indebtedness is associated with increased “financial fragility”, as measured by the sensitivity of household arrears and … tapping three data sets: (i) cross-country data on household indebtedness; (ii) European panel data for households lending and …
Persistent link: https://www.econbiz.de/10005839203
Using micro data from the 2015 Dutch CentERpanel, we examine whether trust in the European Central Bank (ECB) influences individuals' expectations and uncertainty about future inflation, and whether it anchors inflation expectations. We find that higher trust in the ECB lowers inflation...
Persistent link: https://www.econbiz.de/10012422037