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affects savings but also compromises the consumption capacity, the human and physical capital of the economy, and undercuts …We study the behavior of consumption and health investment resulting from shocks undermining health capital …-linear interplay between life expectancy and health expenditure. We then develop a benchmark model where consumption and health capital …
Persistent link: https://www.econbiz.de/10010712066
This article examines the potential risks on consumption behavior of lump-sum payments. As a pension, lump-sum payments … could be consumed too fast and generate an increase of poverty rates. We experimentally investigate consumption behavior in … an inter-temporal decision-making setting. Subjects make consumption and saving decisions in an environment with two …
Persistent link: https://www.econbiz.de/10010994610
. More significant savings are obtained by the electricity company since electricity in Lebanon is subsidized. This case … study provides a reference point for the observed savings rather than estimated savings. …
Persistent link: https://www.econbiz.de/10011046374
Persistent link: https://www.econbiz.de/10011091769
Among the numerous factors that determine the level and structure of consumption, income is of the leading importance …. It not only limits but also modulates consumption. For over 50 years, the Central Statistical Office (GUS) has been … structure as well as the income regression and elasticity of income and savings have been calculated and analysed. Separate …
Persistent link: https://www.econbiz.de/10011096050
, investing, and insuring their consumption in old age. Finally, it briefly comments on the practical implications of the theory …
Persistent link: https://www.econbiz.de/10008776998
satisfaction or happiness) lead to changes in consumption and savings behavior? The paper uses regional sunshine as an instrument …
Persistent link: https://www.econbiz.de/10010617626
establish the dependency of private investment on private savings and private consumption is the main driver of the saving …/investment balance. In contrast, private savings seem to be better mobilized to finance private investment and the latter is the main … higher private consumption could be detrimental to growth and external stability. In contrast, an investment strategy that …
Persistent link: https://www.econbiz.de/10010593212
Like their European counterparts, French households reduced their savings and increased their consumption. They …
Persistent link: https://www.econbiz.de/10010552972
This paper studies consumption/saving problem under Knightian uncertainty in a two period setting. The multiple …-priors utility model is adopted. The effects of income uncertainty and capital uncertainty on optimal savings are analyzed by …
Persistent link: https://www.econbiz.de/10009149998