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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
In Germany, it has become conventional wisdom that the economic uncertainty associated fixed-term employment contracts prevents young couples from realizing their desire to have children. From a research perspective, it is however far from clear whether fixed-term contracts are the obstacle to...
Persistent link: https://www.econbiz.de/10010339875
show that this time consistency problem leads to a systematic downward bias in fertility choices. By keeping fertility low …, families try to mitigate the ex-ante undesired shift in the power balance. This bias in fertility choices provides scope for … overcome the fertility bias. …
Persistent link: https://www.econbiz.de/10010342106
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
We analyse the link between income distribution and the current account for the period 1972-2007. We find that rising (top-end) personal inequality leads to a decrease of the current account, ceteris paribus. This result is consistent with consumption externalities resulting from upward-looking...
Persistent link: https://www.econbiz.de/10010481412
Cognitive Reflection Test. Our analysis of a rich sample of household data also provides evidence that a higher level of …
Persistent link: https://www.econbiz.de/10010484414
Our study aims to uncover the roots of financial literacy. Better financial literacy predicts more informed savings and …
Persistent link: https://www.econbiz.de/10010489297
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