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Trade-off between consumption growth and inequality : theory and evidence for Germany
Xie, Runli - 2009
This paper examines the structure and evolution of consumption and consumption growth inequality. Once heterogeneous agents relate their neighbors' consumption to their own, consumption volatility and inequality are affected. The relationship predicted between the group average consumption...
Persistent link: https://www.econbiz.de/10003850730
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The (in)validity of the Ricardian equivalence theorem : findings from a representative German population survey
Hayo, Bernd; Neumeier, Florian - 2016 - This version: 29 February 2016
In this paper, we utilise data from a German population survey to test the validity of the Ricardian equivalence theorem (RET). In 2013, 2,000 representatively chosen people were asked whether they have altered their consumption and saving behaviour in response to the significant increase in...
Persistent link: https://www.econbiz.de/10011433976
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The (in)validity of the Ricardian equivalence theorem : findings from a representative German population survey
Hayo, Bernd; Neumeier, Florian - 2016
In this paper, we utilise data from a German population survey to test the validity of the Ricardian equivalence theorem (RET). In 2013, 2,000 representatively chosen people were asked whether they have altered their consumption and saving behaviour in response to the significant increase in...
Persistent link: https://www.econbiz.de/10011574144
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Market Work, Home Production, Consumer Demand and Unemployment Among the Unskilled
Lührmann, Melanie; Weiss, Matthias - 2014
(leisure) time. In consequence, home production is reduced in favor of outsourcing domestic tasks to the market, shifting …
Persistent link: https://www.econbiz.de/10014210825
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How important is precautionary labor supply?
Jessen, Robin; Rostam-Afschar, Davud; Schmitz, Sebastian - 2016
We quantify the importance of precautionary labor supply using data from the German Socio- Economic Panel (SOEP) for 2001-2012. We estimate dynamic labor supply equations augmented with a measure of wage risk. Our results show that married men choose about 2.5% of their hours of work or one week...
Persistent link: https://www.econbiz.de/10011497053
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Why work more? : the impact of taxes, and culture of leisure on labor supply in Europe
Mocan, Naci; Pogorelova, Luiza - 2015
We use micro data from the European Social Survey to investigate the impact of “culture of leisure” and taxes on labor …. We construct measures of "taste for leisure" in the country of origin of each immigrant father. We employ average and … leisure impact participation and hours worked. For men, taxes influence labor supply both at the intensive and the extensive …
Persistent link: https://www.econbiz.de/10011309018
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Income or leisure? : on the hidden benefits of (un-)employment
Chadi, Adrian; Hetschko, Clemens - 2017 - This version: August 8, 2017
We study the usually assumed trade-off between income and leisure in labor supply decisions using comprehensive German … benefit of employment. Finally, we examine subjective assessments of income and leisure as potential predictors for job take …
Persistent link: https://www.econbiz.de/10011717715
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Income or leisure? : on the hidden benefits of (un-)employment
Chadi, Adrian; Hetschko, Clemens - 2017 - This version: July 11, 2017
We study the usually assumed trade-off between income and leisure in labor supply decisions using comprehensive German … benefit of employment. Finally, we examine subjective assessments of income and leisure as potential predictors for job take …
Persistent link: https://www.econbiz.de/10011673824
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Income or leisure? : on the hidden benefits of (un-)employment
Chadi, Adrian; Hetschko, Clemens - 2017
We study the usually assumed trade-off between income and leisure in labor supply decisions using comprehensive German … benefit of employment. Finally, we examine subjective assessments of income and leisure as potential predictors for job take …
Persistent link: https://www.econbiz.de/10011688216
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Trade-off between consumption growth and inequality: Theory and evidence for Germany
Xie, Runli - 2009
This paper examines the structure and evolution of consumption and consumption growth inequality. Once heterogeneous agents relate their neighbors' consumption to their own, consumption volatility and inequality are affected. The relationship predicted between the group average consumption...
Persistent link: https://www.econbiz.de/10010270821