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International evidence on sticky consumption growth.
Carroll, Christopher D.; Slacalek, Jiri; Sommer, Martin - 2008
We estimate the degree of ‘stickiness’ in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of auto-correlation, with a stickiness...
Persistent link: https://www.econbiz.de/10011604932
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Durable Purchases over the Later Life Cycle
Browning, Martin; Crossley, Thomas; Lührmann, Melanie - 2012
We investigate the life cycle patterns of households’spending on medium value durables. We use panel data on expenditures on appliances and consumer electronics the British Household Panel Study between 1997 and 2008. In cross section, expenditures for appliances and consumer electronics...
Persistent link: https://www.econbiz.de/10010500214
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Labor and Financial Market Interactions: The Case of Labor Income Risk and Car Insurance in the UK 1969-95
Koeniger, Winfried - 2001
Microeconomic theory predicts that under certain regularity conditions higher idiosyncratic risk increases the propensity to insure against independent marketable risks. We apply these predictions to the specific case of labor income risk and car insurance using data from the UK. The main...
Persistent link: https://www.econbiz.de/10010262448
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De-biasing electric vehicle adoption with personalized nudging
Bernardic, Ursa; Cerruti, Davide; Filippini, Massimo; … - 2024
Replacing combustion engine vehicles with battery electric vehicles (BEV) is essential to achieving climate objectives and advancing sustainable transportation, aligning with the United Nations Development Goals and the Paris Agreement. In this project, we identify three perception biases linked...
Persistent link: https://www.econbiz.de/10014517467
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How Students as Consumers Learn Information about New Products
Šišara, Jelena; Goleš, Divna - 2017
The importance of understanding how consumers gather and evaluate information about the new products is essential for … providers. This paper considers the student population as consumers and attempt to determine where students as consumers learn … Polytechnic in Sibenik and comprised students of all majors and years of study. Results indicated that students as consumers …
Persistent link: https://www.econbiz.de/10011920390
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Einkommensumverteilung schwächt privaten Verbrauch
Brenke, Karl - In: DIW Wochenbericht 78 (2011) 8, pp. 2-12
Der private Verbrauch hat sich in den letzten Jahren in der Bundesrepublik nur schwach entwickelt. Stattdessen wurde vermehrt gespart. Ein großer Teil der Haushalte - 40 Prozent - kann allerdings kein Geld zurücklegen. Sparen können vor allem die Bezieher hoher Einkommen. Die zunehmende...
Persistent link: https://www.econbiz.de/10011602309
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Yksityisen kulutuksen ennustemalleja
Peussa, Aleksandr - 2014
The share of private consumption in gross domestic product is significant; therefore, private consumption has a great influence on economic growth, which makes it a major concept in economics. The purpose of the paper is to estimate and evaluate different forecasting models for private...
Persistent link: https://www.econbiz.de/10012037654
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Taxation, infrastructure investment, growth, and poverty reduction: A case study of Zimbabwe
Lofgren, Hans; Cicowiez, Martín - 2022
In recent decades, Zimbabwe's development record has been disappointing. In the last few years, a severe drought and the Covid-19 pandemic have added to the country's development challenges. This paper is concerned with the long-run need to find a path toward faster growth in GDP, employment,...
Persistent link: https://www.econbiz.de/10014327931
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Versagt die Verbraucherpolitik?
Ahlheim, Michael; Zahn, Andreas; Billen, Gerd; Roosen, Jutta - In: Wirtschaftsdienst 91 (2011) 3, pp. 155-168
Der Dioxin-Skandal bei Futtermitteln, aber auch die fehlerhafte und interessengeleitete Beratung beim Kauf von Finanzdienstleistungen hat die Verbraucherpolitik in Misskredit gebracht. In der öffentlichen Debatte werden zunehmend rigidere Vorschriften für die Anbieter gefordert, aber auch mehr...
Persistent link: https://www.econbiz.de/10010293601
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Perceived inflation as a determinant of the savings and spending structure of consumers
Krämer, Andreas; Heuermann, Daniel F.; Burgartz, Thomas - In: Wirtschaftsdienst 102 (2022) 10, pp. 782-788
) inflation rate as perceived by consumers, which is around 13 %. Low-income households are particularly affected by rising prices …. Across all income groups, consumers react to rising prices by means of purchasing and consumption restraints, which runs …
Persistent link: https://www.econbiz.de/10013468376