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results for consumption patterns by documenting a positive, convex relationship between per capita consumption and the share … of transportation in total consumption, which suggests a more rapid rise in transportation consumption than based on …
Persistent link: https://www.econbiz.de/10011335789
The cost of children is a critical parameter used in determining many economic policies. For instance, correctly setting the tax deduction for families with children requires assessing the true household cost of children. Evaluating child poverty at the individual level requires making a clear...
Persistent link: https://www.econbiz.de/10011404963
general panel date on total consumption from the intertemporal budget constraint. The distribution of consumption levels is … shown to closely match that estimated using the UK's household budget survey. Consumption transitions over time are then …
Persistent link: https://www.econbiz.de/10010330991
This report summarises key stylised facts from the first wave of the Eurosystem Household Finance and Consumption … 62,000 households. The report presents results on household assets and liabilities, income, and indicators of consumption …
Persistent link: https://www.econbiz.de/10011606336
-44 year-old winning; (iii) losses were quite uniform across consumption quantiles because rigid rents served as a hedge for …
Persistent link: https://www.econbiz.de/10014543620
consumption-saving behavior. We construct a novel consumption-saving model where the household must infer the persistent component … marginal propensity to consume because the short run covariance between income growth and consumption growth increases when … can be identified from panel data on income and consumption. Finally, we estimate a high degree of knowledge in the Panel …
Persistent link: https://www.econbiz.de/10013202228
This report summarises the stylized facts from the fourth wave of the Eurosystem Household Finance and Consumption … household assets and liabilities, income, and indicators of consumption and credit constraints. …
Persistent link: https://www.econbiz.de/10014327950
We quantify the contribution of rental income to pre- and post-government equivalent household income inequality and of housing wealth to net wealth inequality between 2002 and 2017 in Germany by means of a factor decomposition. Further, we differentiate by region types (urban vs. rural, large...
Persistent link: https://www.econbiz.de/10014459461
are household equivalent disposable in-come, household consumption, and wealth. Subsequently we use the Income and …, consumption, and wealth. Generally, we find that these three concepts tell different stories about the level of inequality and its … income and income more une-qually than consumption. …
Persistent link: https://www.econbiz.de/10014459462
This paper studies consumption and savings decisions of Danish households before and during the financial crisis as … consumption ratios immediately in response to the financial crisis, net savers have increased their consumption ratios to pre … housing wealth, suggesting that collateral effects may play a role. The MPC is asymmetric; households adjust their consumption …
Persistent link: https://www.econbiz.de/10011754973