flexibly adjusting savings to income variations as assumed by the Permanent Income Hypothesis (PIH). Fixed amount saving … behaviour could thus imply a challenge to PIH-based standard models of consumption if it meant that a substantial share of … consumption to predictable income changes observed in Germany. -- Fixed Amounts Saving ; Permanent Income Hypothesis ; Consumption …

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

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 … 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 … experiment of economic development. Our data elicit detailed information on East Germans' food consumption, body mass, and diet …

that household consumption drops after a child moves out of a household, while at the same time, per capita consumption …

I examine the impact of happiness on consumption and savings behavior using data from the DNB Household Survey from the …

survey data from Germany, 2007, to explore the causal relationship between OF consumption and self-rated health status. While …Organic food markets in developed countries have been rapidly expanding in recent years. Though expected health … benefits are a major motive for buying organic food (OF), the health effects of consuming OF are uncertain. This study uses …

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 …

to deviations from outcomes that would be desirable from a normative point of view. The savings rate is considerably …