Whether parents adjust their consumption after their children leave home has important implications for our … understanding of retirement income adequacy. Prior studies have found that parents reduce consumption after their children become … independent, allowing them to save more for retirement. Other studies, however, have found that savings for retirement does not …

children and spending habits of household with children. The results show that children of parents who use mobile device for …The children’s influence on the parent’s buying behavior as well as on the family budget was neglected in the past. In … today’s modern lifestyles, dominated by technological devices and digital media, children are greatly exposed to ads and …

government transfers on economic well-being varied by household type during the COVID-19 pandemic. Our findings indicate that … pandemic transfers disproportionately benefited households with children, buffering them from earnings losses at the pandemic …'s start and sustaining spending growth over time. Household essential spending increased proportionally with the delivery of …

calibrated life-cycle models assuming a smoothing of per capita consumption for parents with children in the household …Based on the German Socio-economic Panel (SOEP), we show that household consumption drops and saving rises … significantly within four years after a child moves out of a household. Per capita consumption of parents is approximately leveled …