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Taxation and consumption : evidence from a representative survey of the German population
Hayo, Bernd; Uhl, Matthias - 2014
Using a representative survey of the German population, this paper studies individual consumption responses to a recent payroll tax reduction. Our results show that 55% of the respondents spend the extra money, indicating considerable potential for tax changes to affect consumption and economic...
Persistent link: https://www.econbiz.de/10010254301
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The COVID-19 Consumption Game-Changer : Evidence from a Large-Scale Multi-Country Survey
Hodbod, Alexander; Hommes, Cars H.; Huber, Stefanie J.; … - 2021
Prospective economic developments depend on the behavior of consumer spending. A key question is whether private expenditures recover once social distancing restrictions are lifted or whether the COVID-19 crisis has a sustained impact on consumer confidence, p references, and, hence, spending....
Persistent link: https://www.econbiz.de/10013324580
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The COVID-19 consumption game-changer : evidence from a large-scale multi-country survey
Hodbod, Alexander; Hommes, Cars H.; Huber, Stefanie J.; … - 2021
Prospective economic developments depend on the behavior of consumer spending. A key question is whether private expenditures recover once social distancing restrictions are lifted or whether the COVID-19 crisis has a sustained impact on consumer confidence, preferences, and, hence, spending....
Persistent link: https://www.econbiz.de/10012643267
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The COVID-19 consumption game-changer : evidence from a large-scale multi-country survey
Hodbod, Alexander; Hommes, Cars H.; Huber, Stefanie J.; … - 2021 - Version: 2021-10-17
Prospective economic developments depend on the behavior of consumer spending. A key question is whether private expenditures recover once social distancing restrictions are lifted or whether the COVID-19 crisis has a sustained impact on consumer confidence, preferences, and, hence, spending....
Persistent link: https://www.econbiz.de/10012665880
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Consumer-Financed Fiscal Stimulus : Evidence from Digital Coupons in China
Ding, Jing; Jiang, Lei; Msall, Lucy; Notowidigdo, Matthew J. - National Bureau of Economic Research - 2024
In 2020, local governments in China began issuing digital coupons to stimulate spending in targeted categories such as restaurants and supermarkets. Using data from a large e-commerce platform and a bunching estimation approach, we find that the coupons caused large increases in spending of...
Persistent link: https://www.econbiz.de/10014528415
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International Evidence on Sticky Consumption Growth
Carroll, Chris - 2008
We estimate the degree of 'stickiness' in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...
Persistent link: https://www.econbiz.de/10012770257
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Banking Goes Digital : The Adoption of FinTech Services by German Households
Jünger, Moritz - 2019
Germany is falling behind its peers in adopting new digital technologies and financial services offered by non …
Persistent link: https://www.econbiz.de/10012889034
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The Wealthy Hand-to-Mouth in China
Cui, Zhen - 2016
The wealthy hand-to-mouth are households who are poor in liquid wealth (e.g., cash and checking accounts) and rich in illiquid wealth (e.g., housing and retirement accounts), while the poor hand-to-mouth are poor in both wealth. Data from the China Household Finance Survey reveal the following...
Persistent link: https://www.econbiz.de/10012977982
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The Housing Market, Household Portfolios and the German Consumer
Geiger, Felix - 2016
consumption, construction and the banking system. This paper examines links for Germany between household portfolios, income and ….We find evidence of well specified consumption and house price functions and that Germany differs greatly from the Anglo … accelerator weaker, in Germany than in the US or the UK. There is little evidence of overvaluation of German house prices by 2012 …
Persistent link: https://www.econbiz.de/10012988889
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Helicopter Money : Survey Evidence on Expectation Formation and Consumption Behavior
Djuric, Uros - 2019
The effects of helicopter money on expectations and economic outcomes are empirically largely unexplored. We fielded a representative survey among the German population, randomly assigning respondents to various unconventional monetary policy scenarios that raise household income. We find that...
Persistent link: https://www.econbiz.de/10012902481