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households who are perceived to be richer, on household savings and consumption. When controlling for own income as well as … consumption of up to 23 euros depending on the household's position in the income distribution. Our findings suggest that changing …
Persistent link: https://www.econbiz.de/10010491182
calibrated life-cycle models assuming a smoothing of per capita consumption for parents with children in the household …Based on the German Socio-economic Panel (SOEP), we show that household consumption drops and saving rises … significantly within four years after a child moves out of a household. Per capita consumption of parents is approximately leveled …
Persistent link: https://www.econbiz.de/10010341617
Much empirical research in economics is based on data from household surveys. Panel surveys are particularly valuable … may alter subsequent behavior. We provide novel evidence of survey effects on household financial behavior in a developed … increasing in the education level of the household. One interpretation is that the survey acted as a salience shock. …
Persistent link: https://www.econbiz.de/10010483822
Persistent link: https://www.econbiz.de/10003470838
whether subjects treat debt differently than savings. Two treatments create environments where either saving or borrowing is …
Persistent link: https://www.econbiz.de/10010487750
Persistent link: https://www.econbiz.de/10000738587
Persistent link: https://www.econbiz.de/10009576160
We conducted an experiment on the nature of income sharing within 95 established couples in Germany. In a first step, the partners revealed their individual preferences by making consumption choices independently. In a second step, decisions were taken jointly over five different rounds with...
Persistent link: https://www.econbiz.de/10010491099