Die Pkw-Produktionsmenge fiel vom ersten Quartal 2008 bis zum entsprechenden Zeitraum 2009 um nicht weniger als 26%. Zwar erholte sich im weiteren Verlauf des vergangenen Jahres die Produktion, aber das Jahresergebnis der Pkw-Produktionsmenge 2009 lag noch um 10,3% unter dem Vorjahresstand. Im...

US households' consumption and car purchases collapsed during the Great Recession, for reasons that are still poorly understood. In this paper we use the Consumer Expenditure Survey to derive cohort and business cycle decompositions of consumption profiles. When decomposing the car expenditure...

US households’ consumption and car purchases collapsed during the Great Recession, for reasons that are still poorly understood. In this paper we use the Consumer Expenditure Survey to derive cohort and business cycle decompositions of consumption profiles. When decomposing the car expenditure...