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When people decide about saving and consumption across the various periods of their life time they take into account … least three, at most six saving vs. consumption decisions, depending on a stochastic manipulation of changes in life …-mindedness are reported. -- experimental economics ; personality ; intertemporal consumption and saving ; individual differences …
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This paper tests how subjects behave in an intertemporal consumption/saving experiment when borrowing is allowed and … whether subjects treat debt differently than savings. Two treatments create environments where either saving or borrowing is … found suggesting that subjects over-consume when saving is necessary for optimal consumption. …
Persistent link: https://www.econbiz.de/10010487750
This paper uses a laboratory experiment to analyze the impact of different types of information on consumption and … savings behavior. Based on a buffer stock savings model, three treatment dimensions are used: The amount of information …
Persistent link: https://www.econbiz.de/10009678004
We design an experiment to investigate the influence of announced future variations in interest rates and prices on … on current consumption than predicted by the model. -- Consumption ; saving ; intertemporal utility maximization … ; macroeconomic experiment …
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