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Opportunities and Obstacles of a Healthy Diet from an Economic and Psychological Aspect
Mihály, Nikolett; Komáromi, Nándor; Lehota, József - 2017
The issue of healthy consumption is an extremely timely topic in today's fast-paced world. One of today's ruling trends …. People spend more and more to preserve their health. The consequence of conscious consumption is that individuals can keep …
Persistent link: https://www.econbiz.de/10011920400
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Do tax cuts increase consumption? An experimental test of Ricardian Equivalence
Rostam-Afschar, Davud; Meissner, Thomas - 2014
This paper tests whether the Ricardian Equivalence proposition holds in a life cycle consumption laboratory experiment … not hold in general. Our results suggest that taxation has a significant and strong impact on consumption choice. Over the … life cycle, a tax relief increases consumption on average by about 22% of the tax rebate. A tax increase causes consumption …
Persistent link: https://www.econbiz.de/10010397052
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Unemployment and Portfolio Choice: Does Persistence Matter?
Bremus, Franziska M.; Kuzin, Vladimir N. - 2010
We use a realistically calibrated life cycle model of consumption and portfolio choice to study the effects of social …
Persistent link: https://www.econbiz.de/10010274543
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Mental Accounting and the Marginal Propensity to Consume
Bernard, René - 2022
This paper studies how consumers respond to unexpected, transitory income shocks and why. In a randomized control trial, I elicit marginal propensities to consume (MPC) out of different hypothetical income shock scenarios, varying the payment mode, the shock size, and the source of income. The...
Persistent link: https://www.econbiz.de/10013361945
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The long Shadow of Socialism: On East-West German Differences in Financial Literacy
Bucher-Koenen, Tabea; Lamla, Bettina - 2014
We use the German re-unification as a natural experiment to understand drivers of financial literacy accumulation. With the transformation from a planned to a market-based economy in 1990, the incentives to invest in financial literacy were changed exogenously for East Germans and remained the...
Persistent link: https://www.econbiz.de/10010396994
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Commitment and Borrower Heterogeneity: Evidence from Revolving Consumer Credit
Lukas, Moritz; Nöth, Markus - 2016
Based on a unique dataset, we analyze borrower heterogeneity in the debt response to interest rate decreases and credit limit increases in revolving consumer credit. Our key findings show that 1) the debt response of borrowers who commit to monthly minimum repayments is about four times as large...
Persistent link: https://www.econbiz.de/10011527997
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Precautionary and Entrepreneurial Saving - New Evidence from German Households
Fossen, Frank M.; Rostam-Afschar, Davud - 2010
Various studies have interpreted a positive correlation between income risk and wealth as evidence for large precautionary savings. However, the high estimates emerged from pooling non-entrepreneurs and entrepreneurs without controlling for heterogeneity. This paper provides evidence for Germany...
Persistent link: https://www.econbiz.de/10010273869
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The Effects of Pre-announced Consumption Tax Reforms on the Sales and Prices of Consumer Durables
Büttner, Thiess; Madzharova, Boryana - 2017
This paper utilizes a unique micro data set on consumer durables to study the effect of consumption tax reforms on the … time path of consumption. The dataset reports the monthly sales of individual products and their consumer prices in 22 … European countries, which enacted numerous consumption tax reforms in recent years. We implement a reduced form specification …
Persistent link: https://www.econbiz.de/10011712714
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House Price Expectations and Housing Choice
Mankart, Jochen; Ludwig, Alexander; Wiederholt, Mirko; … - 2019
unique Dutch panel data set on households' house price expectations and their consumption, savings and housing choices for …
Persistent link: https://www.econbiz.de/10012099078
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Local Financial Development and Household Welfare: Microevidence from Thai Households
Gloede, Oliver; Rungruxsirivorn, Ornsiri - 2012
: vulnerability to poverty, investment, and consumption smoothing. Even though we cannot find a significant effect on vulnerability … consumption. The extent of both effects is also economically significant. Our results hold for alternative specifications and …
Persistent link: https://www.econbiz.de/10010307719