Showing 1 - 10 of 1,610
As part of Germany’s fiscal response to the Covid-19 pandemic, parents received three payments totalling e450 per child. Randomization in the payment dates and daily scanner data allow us to identify the effects of these transfers on household spending. We find a significant but small spending...
Persistent link: https://www.econbiz.de/10013268076
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
of large prizes (USD 8,300-150,000) is slightly below one half. While the consumption responses we find are high, their …
Persistent link: https://www.econbiz.de/10011872933
smaller for families with more appetite to consume. For the MPC, we document greater responses of non-energy consumption when … subsidies on energy for Belgian low-income households are much more effective in supporting non-energy consumption than the …
Persistent link: https://www.econbiz.de/10013473647
stagnation of household consumption during the 1990s and find that the stagnation of household disposable income, the decline in …
Persistent link: https://www.econbiz.de/10010332277
effect of wealth shocks on household consumption and individual expectations of the future. Many household experienced a …
Persistent link: https://www.econbiz.de/10009526546
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
In this paper we study the relevance and mechanics of consumption network effects. We use long panel data on the entire … Danish population to construct a measure of consumption based on administrative tax records, and define the peer groups in …
Persistent link: https://www.econbiz.de/10011484599
I show that conventional estimators based on the consumption Euler equation, extensively used in studies of … intertemporal consumption behavior, produce inconsistent estimates of the effect of children on consumption if potentially binding … children on consumption using the Panel Study of Income Dynamics (PSID) for the US and high quality Danish administrative …
Persistent link: https://www.econbiz.de/10013045082
This paper studies the direct impact of households' debt on consumption over the business cycle. We use household … leverage, consumption, and asset prices. We find that debt levels exert a negative impact on consumption, which is particularly …' debt in past periods are not relevant in determining consumption; (ii) households adjust faster their consumption to debt …
Persistent link: https://www.econbiz.de/10013184105