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Internal U.S. Migration and Consumption Dynamics : A Panel Data Analysis
Kim, Hyun Yeol - 2021
Using the Kilts Nielsen Consumer Panel (KNCP), this paper documents new stylized facts on expenditure and income growth …. Next, I document that movers' income growth displays higher variance than non-movers', both before and after moving. Movers …' expenditure growth also exhibits higher variance than non-movers' before and after the move. These findings suggest that movers …
Persistent link: https://www.econbiz.de/10013321905
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Economic Impact Payments and Household Spending During the Pandemic
Parker, Jonathan A.; Schild, Jake; Erhard, Laura; … - National Bureau of Economic Research - 2022
Households spent only a small fraction of their 2020 Economic Impact Payment (EIPs) within a couple of months of arrival, consistent with i) pandemic constraints on spending, ii) other pandemic programs and social insurance, and iii) the broader disbursement of the EIPs compared to the economic...
Persistent link: https://www.econbiz.de/10013435158
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Cost misperceptions and energy consumption : experimental evidence for present bias and biased price beliefs
Werthschulte, Madeline; Löschel, Andreas - 2019
The aim of this study is to link variation in energy cost misperceptions to variation in households' energy consumption. The focus is on two sorts of misperceptions: First, present biased discounting of future energy costs and second, biased energy price beliefs. By running an artefactual field...
Persistent link: https://www.econbiz.de/10012025609
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Present-focused preferences and sin goods consumption at the extensive and intensive margins
Kalamov, Zarko Y.; Runkel, Marco - 2020
This paper analyzes sin goods consumption when individuals exhibit present-focused preferences. It considers three types of present focus: present-bias with varying degrees of naiveté, Gul-Pesendorfer preferences, and a dual-self approach. We investigate the incentives to deviate from healthy...
Persistent link: https://www.econbiz.de/10012206092
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Scarred consumption
Malmendier, Ulrike; Shen, Leslie Sheng - 2019
We show that prior lifetime experiences can "scar" consumers. Consumers who have lived through times of high unemployment exhibit persistent pessimism about their future financial situation and spend significantly less, controlling for the standard life-cycle consumption factors, even though...
Persistent link: https://www.econbiz.de/10012126124
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Growth, foreign direct investment and urban concentrations: unbundling spatial lags
Poelhekke, Steven; van der Ploeg, Frederick - 2008
Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear … that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we … growth and unbundling spatial lags matters. Robustness is verified by re-estimating our regressions with fixed effects and …
Persistent link: https://www.econbiz.de/10010276225
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A PUSH TO GEORGE ( IN ) BUSH
DR.VSR.SUBRAMANIAM - EconWPA - 2005
An imperative need has arisen to provide a Constructive push to the President Bush. American population, Corporate units, Expatriates and all nations with their currency related to US $, are not happy in the current $ dipping situation. Even the currencies of poor nations are galloping upward in...
Persistent link: https://www.econbiz.de/10005556940
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On the Causality Between Saving and Growth: Long- and Short-Run Dynamics and Country Heterogeneity
Andersson, Björn - 1999
growth through capital accumulation. This paper contributes to this literature. As opposed to the previous studies, which …
Persistent link: https://www.econbiz.de/10010321740
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Distribution and growth reconsidered - empirical results for Austria, France, Germany, the Netherlands, the UK and the USA
Hein, Eckhard; Dräger, Lena - 2007
We analyse the relationship between functional income distribution and economic growth in Austria, France, Germany, the … Netherlands, the UK and the USA from 1960 until 2005. The analysis is based on a demand-driven distribution and growth model for … an open economy inspired by Bhaduri/Marglin (1990), which allows for profit- or wage-led growth. We find that growth in …
Persistent link: https://www.econbiz.de/10003744536
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On the causality between saving and growth : long- and short-run dynamics and country heterogeneity
Andersson, Björn - 1999
growth through capital accumulation. This paper contributes to this literature. As opposed to the previous studies, which …
Persistent link: https://www.econbiz.de/10011587110