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In this paper, we present data on recent trends in private consumption and in possible determinants of private … consumption (such as GDP, household incomes, household saving rates, household wealth, and employment conditions) in the Group of … consumption growth rates but also in the determinants of private consumption growth during the 2002-07 period. With respect to …
Persistent link: https://www.econbiz.de/10010332369
We exploit a quasi-experiment that occurred in Stockholm in 2007 to provide new evidence on the magnitude of the housing wealth e.ect. Stockholm's smaller city airport was expected to close in 2011 but its operating contract was unexpectedly renewed after political negotiation behind closed...
Persistent link: https://www.econbiz.de/10012182823
in consumption in five key sectors: tourism, hospitality, services, retail, and public transports. We identify a large …-term sectoral consumption shifts may occur. …
Persistent link: https://www.econbiz.de/10012661627
in consumption in five key sectors: tourism, hospitality, services, retail, and public transports. We identify a large …-term sectoral consumption shifts may occur. …
Persistent link: https://www.econbiz.de/10012797254
We exploit a quasi-experiment to provide new evidence on the magnitude of the housing wealth effect. We estimate an immediate shock of approximately -15% to house prices close to one of Stockholm's airports after its operations were unexpectedly continued as a result of political bargaining....
Persistent link: https://www.econbiz.de/10012145487
Mit der Entscheidung für ein Konjunkturprogramm möchte die Bundesregierung die gegenwärtige Rezession bekämpfen. Georg Fahrenschon, Bayerischer Staatsminister der Finanzen, hält weitere Schritte zur Stabilisierung der Wirtschaft und zur Beschäftigungssicherung für dringend erforderlich,...
Persistent link: https://www.econbiz.de/10011692859
encourage consumption, effecting over 100 million consumers. We use a unique dataset of credit cards transaction to study the …
Persistent link: https://www.econbiz.de/10010292191
duties including the unsuccessful 2012 proposal to introduce an excise duty on wine. …
Persistent link: https://www.econbiz.de/10011340638
Reforms of indirect taxes, such as the recent changes in rates of value added tax (VAT) in the Czech Republic, change prices of products and services to which households can respond by adjusting their expenditures. I estimate the behavioural response of consumers to price changes in the Czech...
Persistent link: https://www.econbiz.de/10010331041
increasing production for own consumption. Based on the estimation results, we compute the average welfare effect of the changes … consumption. We find that the best targeted measure is an income-transfer to the low-income unemployed either directly or through …
Persistent link: https://www.econbiz.de/10011944901