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House price expectations and housing choice
Ludwig, Alexander; Mankart, Jochen; Quintana, Jorge; … - 2019
What is the role of heterogenous house-price expectations for boom-bust cycles in the housing market? We exploit a unique Dutch panel data set on households' house price expectations and their consumption, savings and housing choices for the period 2003-2016. This period was characterized by a...
Persistent link: https://www.econbiz.de/10012265571
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Subjective mortality risk and bequests
Gan, Li; Gong, Guan; Hurd, Michael D.; McFadden, Daniel - In: Journal of econometrics 188 (2015) 2, pp. 514-525
Persistent link: https://www.econbiz.de/10011503653
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Heterogeneity in regional consumption due to current income shocks : testing the permanent income hypothesis for German panel data
Mitze, Timo - 2010 - First incomplete version: February 2010
In the light of new theoretical and empirical work on the Permanent Income Hypothesis we tackle earlier findings for German data, which reject its validity given a large fraction of liquidity constrained consumers. Starting from a standard short run approach we do not find evidence for excess...
Persistent link: https://www.econbiz.de/10011575929
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A general equilibrium model of earnings, income, and wealth
Glawion, René; Haller, Frédéric; Puche, Marc - 2020
We develop a general equilibrium model of earnings, income and wealth heterogeneity in continuous time. We extend … interest rates provide a mechanism to link earnings, income and wealth distributions. We use this connection to demonstrate … that an increase in unemployment benefits leads to a rise in steady state wealth inequality measured by the Gini …
Persistent link: https://www.econbiz.de/10012426925
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Factor shares and the rise in corporate net lending
Behringer, Jan - 2020
The corporate sector has turned from a net borrowing position to a net lending position in many advanced countries over the past decades. This phenomenon is rather unusual as the corporate sector had historically borrowed funds from other sectors in the economy. In this paper, we analyze how...
Persistent link: https://www.econbiz.de/10012436191
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The corporate sector and the current account
Behringer, Jan; Treeck, Till van - 2019
In this paper, we analyze how corporate sector behavior has affected national current account balances in a sample of 25 countries for the period 1980-2015. A consistent finding is that an increase (decrease) in corporate net lending leads to an increase (decrease) in the current account,...
Persistent link: https://www.econbiz.de/10012314675
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Resource depletion in a Ramsey economy with subsistence consumption, exogenous technical change and capital depreciation : a full characterization
Antony, Jürgen; Klarl, Torben - 2019
This contribution is concerned with efficient use of a resources if households are characterized by Stone-Geary preferences with a minimum subsistence level of consumption. We provide a closed form solution for the case of Cobb-Douglas production with constant returns to scale in reproducible...
Persistent link: https://www.econbiz.de/10012317029
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Save or pay-as-you-go : the effcts of ageing on optimal retirement funding
Hott, Christian - 2019
savings relative to pay-as-you go systems. Our results indicate that more wealth should be transferred from the young to the …
Persistent link: https://www.econbiz.de/10012317293
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Depressed demand
Massenot, Baptiste; Giang Hong Nghiem - 2020
over their lifetime save more and borrow less, after controlling for aggregate shocks, income, wealth, and demographics …
Persistent link: https://www.econbiz.de/10012424305
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Study on consumer preferences towards vegetables
Necula, Diana Maria; Bădan, Daniela Nicoleta - In: Agrarian economy and rural development : realities and …, (pp. 135-141). 2020
Vegetables play an important role in human nutrition, as they have a high content of nutrients. In the last five years, there has been a tendency to increase the consumption of vegetables among Romanians, this being attributed to the increase of the living standard, but also to the reorientation...
Persistent link: https://www.econbiz.de/10012517811