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This paper examines whether relative income and income inequality within reference groups affect household consumption …. Using the explanations of consumption behavior based on Dusenberry's relative income hypothesis, we test if household … consumption levels in Turkey are affected by the household's relative position and inequality in the reference group between 2005 …
Persistent link: https://www.econbiz.de/10012835453
Did the financial crisis spread from distressed banks to households through a contraction of the credit supply? We study this question with a dataset that contains observations on all accounts in Danish banks as well as comprehensive information about individual account holders and banks. We...
Persistent link: https://www.econbiz.de/10013010472
This paper investigates the importance of status in household consumption and financial decisions using household data … evidence that a household's income rank — its position in the income distribution relative to its close neighbors — is … household's portfolio. More aggregate county-level evidence based on a dataset of every new car sold in each county in the …
Persistent link: https://www.econbiz.de/10013046477
This paper studies the direct impact of households' debt on consumption over the business cycle. We use household …
Persistent link: https://www.econbiz.de/10013184105
to consume (MPCs). Our main contribution is to document how MPCs vary with household characteristics and prize size, and …
Persistent link: https://www.econbiz.de/10011872933
This paper studies the direct impact of households' debt on consumption over the business cycle. We use household …
Persistent link: https://www.econbiz.de/10013406441
This paper measures how households smooth changes in consumption when incomes are shifted by permanent or transitory shocks at country and regional level. I compute insurance capacity using the Spanish Continuous Family Expenditure Survey skipping the imputation methods used by the previous...
Persistent link: https://www.econbiz.de/10013109837
Persistent link: https://www.econbiz.de/10013199178
Persistent link: https://www.econbiz.de/10012239910
In recent decades, great changes have taken place in residents’ lifestyle and consumption structure. Urban household … among the five selected communities. Meanwhile, the carbon emissions caused by household energy consumption (CEs-HE) were …, household durable goods service life, monthly staple food consumption, and monthly energy consumption, respectively. The average …
Persistent link: https://www.econbiz.de/10013555673