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This paper studies whether pro-environmental consumption choices are consistent with utility maximization and what role the consumption behavior of reference persons and one's own past behavior play in this context. By combining data on individuals' pro-environmental consumption from a unique...
Persistent link: https://www.econbiz.de/10010442764
We demonstrate that interpersonal comparisons lead to "keeping up with the Joneses"-behavior. Using annual household 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...
Persistent link: https://www.econbiz.de/10010190171
We study a series of growth models in which households' preferences display `jealousy' or `external habits': a negative dependence on average consumption. We argue that accounting for consumption externalities in growth models requires consideration of both their static and dynamic effects. In a...
Persistent link: https://www.econbiz.de/10012932544
This paper explores determinants of church attendance and the formation of "religious human capital" in Germany within a Becker-style allocation-of-time framework. The analysis is based on data derived from the German Socio-Economic Panel (GSOEP). Taking advantage of the longitudinal structure...
Persistent link: https://www.econbiz.de/10014113789
Persistent link: https://www.econbiz.de/10013436156
This paper explores determinants of church attendance and the formation of 'religious human capital' in Germany within a Becker-style allocation-of-time framework. The analysis is based on data derived from the German Socio-Economic Panel (GSOEP). Taking advantage of the longitudinal structure...
Persistent link: https://www.econbiz.de/10011435639
expenditures remains even 18 years after the reunification. -- conspicuous consumption ; status-seeking ; relative income …
Persistent link: https://www.econbiz.de/10009621765
expenditures remains even 18 years after the reunification. -- conspicuous consumption ; status-seeking ; relative income …
Persistent link: https://www.econbiz.de/10009633841
The question of whether two drugs - namely alcohol and tobacco - are used as complements or substitutes is of crucial interest if side-effects of anti-smoking policies are considered. Numerous papers have empirically addressed this issue by estimating demand systems for alcohol and tobacco and...
Persistent link: https://www.econbiz.de/10014220678
The question of whether two drugs - namely alcohol and tobacco - are used as complements or substitutes is of crucial interest if side-effects of anti-drug policies are considered. Numerous papers have empirically addressed this issue by estimating demand systems for alcohol and tobacco and...
Persistent link: https://www.econbiz.de/10014053390