. Hence, household consumption is not only determined by habit persistence but also by interpersonal comparisons. Most …

On what and to what extent private households in Germany spend money varies significantly depending on employment …-income households were slightly more affected than others due to their consumption patterns. The savings rate also depends on employment … or more of their income. On average, every household saved a good 17 percent of their income in 2013. …

This paper examines the impact of income growth and income inequality on household saving rates and payoffs in a non …

This paper examines the impact of income growth and income inequality on household saving rates and payoffs in a non …

We study whether the level of household indebtedness is related to the interest rate elasticity of private consumption … even as the household sector's debt-to-income ratio has almost doubled in the past 20 years. Estimates based on the … household-level Finnish Wealth Survey suggest that the share of liquidity-constrained households has declined over the same time …

We set up and solve a rich life-cycle model of household decisions involving consumption of both perishable goods and …

We solve a rich life-cycle model of household decisions involving consumption of perishable goods and housing services …

literature. Our findings can also be interpreted in the context of the secular decline in the US personal savings rate before the …Verschiedene Abweichungen von der Permanenten Einkommenshypothese mit rationalen Erwartungen sind in der Literatur …