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 …

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 …

The birth of children often shifts the power balance within a family. If family decisions are made according to the … birth of children may differ from the ex-ante optimal choice. In a model of cooperative decision making within a family, we …

prevents young couples from realizing their desire to have children. From a research perspective, it is however far from clear … couples choose to have children early on in life, postpone it to later in life, or decide to remain childless? And: to what …

mother's and father's average years of education and household income. Our results show that children from families with … quality of time parents spend with their children, parenting style, the mother's IQ and economic preferences, a child …