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aggregate consumption for longer. …
Persistent link: https://www.econbiz.de/10014377114
aggregate consumption for longer. …
Persistent link: https://www.econbiz.de/10014377472
aggregate consumption for longer. …
Persistent link: https://www.econbiz.de/10014293296
consumption for longer. …
Persistent link: https://www.econbiz.de/10014302922
aggregate consumption for longer. …
Persistent link: https://www.econbiz.de/10014287028
that in a habit formation model, the sensitivity of consumption to predicted income can be largely reinterpreted as a … sluggish response to news. Moreover, the sensitivity of consumption to sentiment reflects the serial correlation in consumption …
Persistent link: https://www.econbiz.de/10005561179
consumption for longer. …
Persistent link: https://www.econbiz.de/10014480691
exogenous unanticipated income shock. Consumption rose significantly after the fiscal policy announcement: during the ten … liquid assets or with low credit card limit experienced stronger consumption responses …
Persistent link: https://www.econbiz.de/10013064215
This paper exploits an administrative regulation in Singapore that allows individuals to withdraw between 10 to 30 percent of their pension savings at age 55. We find a large and highly significant increase in individuals' bank account balances within the first month of turning 55, which...
Persistent link: https://www.econbiz.de/10012937807
In this paper, we estimate the effect of a tax policy change on households' consumption and retirement savings behavior … find that households reduce their consumption by 14% and increase their PPF savings by 16% in response to an increase in …
Persistent link: https://www.econbiz.de/10012824255