This paper analyzes the existence of 'wealth effects' derived from net equity (in the form of housing, financial assets, and total net worth) on consumption. The study uses longitudinal household-level data -- from the Panel Study of Income Dynamics (PSID) -- covering about 7,000-9,000...

The famous saying “keeping up with the Joneses” is a generational behavior that is still deeply interwoven in the behavioral fabric of our modern-day society. This paper aims to address and contribute to the existing literature by investigating the determinants of individual non-mortgage...

The authors exploit new data from the Panel Study of Income Dynamics (PSID) to provide a more systematic and detailed analysis of household-level employment, income, and expense shocks to mortgage default decisions than has been possible before. These new data provide very different answers...

Socioeconomic reconfiguration in this article seeks to address how the habit of innovation energized the capital markets more than a century ago and how after 15 years into the Twenty First Century, a resurgence in innovation is necessary in the capital markets given the existential crisis...

Ayurveda medicine system has a strong background in Indian culture. Modernized practices derived from Ayurvedic culture is used as alternative medicine in the field of Ayurveda. In this system of medicine, there is a belief that, through Ayurveda protocols, any substance can be changed into...

Both organic production and the use of biotechnology have increased dramatically over the past decade. This study contributes to existing work on consumer acceptance of these practices and the resulting products through the use of twin survey instruments. Respondents indicated their level of...

Behavioral Economics has in recent years played a key role in informing the design of non-price interventions aimed at promoting energy conservation behaviors in residential areas. Some of the most influential contributions of the discipline in an applied setting have centered around the...

In Deutschland verfügen etwa 80 Prozent der Haushalte über einen Dispositionskredit. Bei beträchtlicher Variation liegt der eingeräumte Kreditrahmen bei knapp dem 3-fachen des Nettoeinkommens. Arbeitslose, Alleinerziehende, Paare mit Kindern und Selbständige nutzen den Dispositionskredit...

This paper uses a dataset from one of the largest credit card issuers in Brazil to investigate the extent of credit constraints for one of the world's largest emerging market economies. In order to deal with the endogeneity problem from an observational dataset, an identification strategy based...

In many developing countries, supermarkets are spreading rapidly at the expense of traditional food markets and shops. Changing retail environments and food choices may affect consumer diets and nutritional outcomes. Previous research suggested that supermarkets may contribute to rising rates of...