Showing 1 - 10 of 1,915
households' consumption expenditures and their perceived pass-through of the tax change into prices to quantify its effects. The … consumption spending by 34 billion Euros. …
Persistent link: https://www.econbiz.de/10012668478
We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … collective households with consumption technologies that define the public and private nature of expenditures through Barten … scales. Our method recovers the technology by solely exploiting preference information revealed by households' consumption …
Persistent link: https://www.econbiz.de/10011543531
We model consumption and labor supply behavior of a couple in a non-cooperative setting. Using minimal assumptions, we …
Persistent link: https://www.econbiz.de/10010463625
I analyze new data on subjective probabilistic expectations on house prices collected in the Spanish Survey of Household Finances. Households are asked to distribute ten points among five different scenarios for the change in the price of their homes over the next 12 months. This paper is the...
Persistent link: https://www.econbiz.de/10011417887
general panel date on total consumption from the intertemporal budget constraint. The distribution of consumption levels is … shown to closely match that estimated using the UK's household budget survey. Consumption transitions over time are then …
Persistent link: https://www.econbiz.de/10009689923
This report summarises key stylised facts from the first wave of the Eurosystem Household Finance and Consumption … 62,000 households. The report presents results on household assets and liabilities, income, and indicators of consumption …
Persistent link: https://www.econbiz.de/10011664034
There is vast literature examining how households’ income and consumption change over the life cycle. These studies …
Persistent link: https://www.econbiz.de/10014161372
This chapter reviews empirical estimates of differential income and consumption growth across individuals during … recessions. Most existing studies examine the variation in income and consumption growth across individuals by sorting on ex ante … or contemporaneous income or consumption levels. We build on this literature by showing that differential shocks to …
Persistent link: https://www.econbiz.de/10014024289
This report summarises the stylized facts from the fourth wave of the Eurosystem Household Finance and Consumption … household assets and liabilities, income, and indicators of consumption and credit constraints. …
Persistent link: https://www.econbiz.de/10014314599
-44 year-old winning; (iii) losses were quite uniform across consumption quantiles because rigid rents served as a hedge for …
Persistent link: https://www.econbiz.de/10014483008