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We exploit a quasi-experiment that occurred in Stockholm in 2007 to provide new evidence on the magnitude of the housing wealth e.ect. Stockholm's smaller city airport was expected to close in 2011 but its operating contract was unexpectedly renewed after political negotiation behind closed...
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consumption commitment for most households { their monthly rent or mortgage payment. I find that non-durable and food spending … weekly, biweekly and monthly income streams but the same timing of rent/mortgage payments have very similar consumption …
Persistent link: https://www.econbiz.de/10011940006
This special issue follows our conference, which was held in October 2021 and attended by beer historians and sociologists from the U.S., Europe and Australia. By taking beer as a lens to approach questions of knowledge transfer and circulation, we seek to refine our historical understanding of...
Persistent link: https://www.econbiz.de/10014555638
This paper compares consumption and income as measures of households' living standards using UK data. It presents … one gets about trends in the level and inequality of living standards in the UK when using consumption, and when one adds … composition of households with low living standards if these are identified with consumption rather than income. …
Persistent link: https://www.econbiz.de/10009511662
effect of wealth shocks on household consumption and individual expectations of the future. Many household experienced a …
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house prices on consumption documented in two papers using the same data set for the UK. On the one hand, Campbell and Cocco … impact on consumption across age groups, consistent with the so-called common factor hypothesis. First, we confirm that the … construction, and provide evidence that the functional form (i.e., an Euler equation of consumption vs. a reduced form life …
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