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sources of income and classification. There are also presented two main functions of disposable income (consumption and saving …
Persistent link: https://www.econbiz.de/10009479225
) values, and against a backdrop of very low interest rates, sustained household expenditure. The saving rate rose slightly in …
Persistent link: https://www.econbiz.de/10012523899
household income, consumption and saving, both at the aggregate level and for the main economies in the area. Drawing on the … consumption during the lockdown meant that saving rebounded in an extraordinary fashion. The outbreak of the second wave and … uncertainty over the scale of the economic impact will contribute, for some time longer, to saving remaining relatively high and …
Persistent link: https://www.econbiz.de/10012525417
of private world saving. This paper reports new evidence on the drivers of private saving by applying Bayesian techniques …, using data from the world’s 35 largest economies in the period 1980-2012. After reviewing the main theories of consumption … and saving decisions, and discussing the potential effects of different determinants, we specify a general model that …
Persistent link: https://www.econbiz.de/10012530596
consumption over the coming quarters. Takeaways •To end-2022, households had barely used the excess savings accumulated during the …
Persistent link: https://www.econbiz.de/10014422103
and Facts The basic model: the consumption/saving choice Allowing for a labor/leisure choice (the RBC model) Allowing for …
Persistent link: https://www.econbiz.de/10009433258
and Facts; The basic model: the consumption/saving choice; Allowing for a labor/leisure choice (the RBC model); Allowing …
Persistent link: https://www.econbiz.de/10009433264
environments, ranging from American students facing punishment in laboratory experiments, to Israeli parents facing fines for …
Persistent link: https://www.econbiz.de/10009441131
Transferable allowance management systems are receiving increased attention from fishery managers and stakeholders alike. We use a laboratory experiment in which human subjects play the role of fishers to evaluate the promised economic efficiency of tradable allowance systems. In an experiment...
Persistent link: https://www.econbiz.de/10009444216
In theory, competitive emission permit markets minimise total abatement cost for any emissionceiling. Permit markets are often imperfectly competitive, however, if they are thin anddominated by large firms. The dominant firm(s) could exercise market power and increase otherfirms’ costs of...
Persistent link: https://www.econbiz.de/10009445935