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 … calibrated life-cycle models assuming a smoothing of per capita consumption for parents with children in the household …

information asymmetry between client and advisor and a long term relationship with the bank. Our results suggest that client …

families' labour supply and intra-household consumption behaviour. We use simulated real world microdata created by means of a …

household labour supply and consumption behaviour. We simulate real world microdata by means of a collective approach, using a …

behaviour could thus imply a challenge to PIH-based standard models of consumption if it meant that a substantial share of … still be compatible with fixed amount saving behaviour since (a) the transitory income component of fixed amount savers … amount savers to alter their saving behaviour and save the residual. Analysis of aggregate data, however, indicates that …

experiment of economic development. Our data elicit detailed information on East Germans' food consumption, body mass, and diet … weight and obesity rates. We first introduce the concept of novelty consumption, which refers to an increase in food … availability due to trade or innovation. Then we study how novel food products alter the optimal consumption bundle and welfare …

families' labour supply and intra-household consumption behaviour. We use simulated real world microdata created by means of a …

data from the German Socio-Economic Panel, we estimate the causal effect of changes in reference consumption, defined as … the consumption level of all households who are perceived to be richer, on household savings and consumption. When … controlling for own income, an increase in reference consumption of 100 euros leads to an increase in consumption of 10 to 25 …