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durable spending. Possible channels for these effects include more optimistic macroeconomic expectations and higher trust in …
Persistent link: https://www.econbiz.de/10012545092
durable spending. Possible channels for these effects include more optimistic macroeconomic expectations and higher trust in …
Persistent link: https://www.econbiz.de/10012584787
durable spending. Possible channels for these effects include more optimistic macroeconomic expectations and higher trust in …
Persistent link: https://www.econbiz.de/10012543614
household-level information on balance sheets, durable consumption, and inflation expectations from the Dutch Central Bank … particular are conceivable: an increase in inflation expectations can raise consumption through direct increases in expected real …Research interest in the reaction of consumption to expected inflation has increased in recent years due to efforts by …
Persistent link: https://www.econbiz.de/10012850154
We provide survey evidence on how households’ inflation expectations matter for their spending highlighting a … expecting positive inflation are associated with insignificant differences in durable consumption decisions. That distortion … implies that managing aggregate demand through households’ inflation expectations is limited and can run out of ammunition. …
Persistent link: https://www.econbiz.de/10012499658
The results from the second wave of the Eurosysystem's Household Finance and Consumption Survey (HFCS) indicate that …/2014. However, despite their worsening financial situation households largely maintained their relatively high level of consumption …
Persistent link: https://www.econbiz.de/10012955485
persistent household trait. This trait is unrelated to expectation errors, almost unrelated to crude measures of procrastination …
Persistent link: https://www.econbiz.de/10013004250
household consumption. Using total expenditures to normalize income from the Alaska Permanent Fund Dividend instead of family … income and an extended sample of the Consumer Expenditure Survey (CE), I show that log household spending on nondurables is …
Persistent link: https://www.econbiz.de/10013019006
-making processes across households (the "why"). The combination of the quantitative estimation of household response dynamics with a … qualitative exploration of the mental models employed during financial decisions provides a more complete view of household … showing significant variability. However, MPDs play a critical role in household financial adjustments and display …
Persistent link: https://www.econbiz.de/10014512045
cars. Moreover, we show that such beliefs also influence household expectations about own income prospects, future access …This paper introduces the Consumer Expectations Survey (CES), a new online, high frequency panel survey of euro area … consumers’ expectations and behaviour. The paper also investigates whether public perceptions about fiscal support measures …
Persistent link: https://www.econbiz.de/10013300858