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Household savings decision and income uncertainty

Beznoska, Martin; Ochmann, Richard - 2010

This paper empirically investigates the effects of changes in the interest rate as well as transitory income uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the uncompensated interest rate elasticity for savings, in...

Persistent link: https://www.econbiz.de/10009261306

Mozart or Pelé? : the effects of teenagers' participation in music and sports

Cabane, Charlotte; Hille, Adrian; Lechner, Michael - 2015

an extensive robustness analysis including instrumental variable estimation and a formal sensitivity analysis of the …

Persistent link: https://www.econbiz.de/10010517689

Did the introduction of the euro lead to money illusion? : empirical evidence from Germany

Bittschi, Benjamin; Duppel, Saskia - 2015

Using the introduction of the euro as a natural experiment, we provide economy-wide evidence for money illusion based on declared donations from German administrative income tax data. Our results suggest a magnitude of the money illusion effect between 2.4% and 7.6%. Compared to previous studies...

Persistent link: https://www.econbiz.de/10011316505

Fixed amount saving and the permanent income hypothesis

Vosen, Simeon - 2012

consumption to predictable income changes observed in Germany. -- Fixed Amounts Saving ; Permanent Income Hypothesis ; Consumption …

Persistent link: https://www.econbiz.de/10009668279

Tax-price elasticity of charitable donations : evidence from the German taxpayer panel

Adena, Maja - 2014

I estimate permanent and transitory tax-price and income elasticity of charitable giving in Germany using a rich panel … Deutschland geschätzt. Basis für die Schätzung ist das umfangreiche Taxpayer-Panel, welches alle Steuermerkmale der Steuerzahler … in Deutschland für die Jahre 2001-2006 erfasst. Die Ergebnisse suggerieren, dass die permanente Steuerpreiselastizität …

Persistent link: https://www.econbiz.de/10010237654

Estimating a consumer demand system of energy, mobility and leisure : a microdata approach for Germany

Beznoska, Martin - 2014

This paper investigates empirically the consumer demand of environmentally relevant goods for Germany, as well as their …, respectively leisure demand effects for Germany. Using a demand system to estimate the price, cross-price and income effects of the …

Persistent link: https://www.econbiz.de/10010339053

Estimating a consumer demand system of energy, mobility and leisure : a microdata approach for Germany

Beznoska, Martin - 2014

Persistent link: https://www.econbiz.de/10010340294

The (in)validity of the Ricardian equivalence theorem : findings from a representative German population survey

Hayo, Bernd; Neumeier, Florian - 2016 - This version: 29 February 2016

In this paper, we utilise data from a German population survey to test the validity of the Ricardian equivalence theorem (RET). In 2013, 2,000 representatively chosen people were asked whether they have altered their consumption and saving behaviour in response to the significant increase in...

Persistent link: https://www.econbiz.de/10011433976

The effect of unconventional fiscal policy on consumption expenditure

D'Acunto, Francesco; Hoang, Daniel; Weber, Michael - 2016 - This version: August 2016

Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We exploit a unique natural experiment for an empirical test of the effectiveness of...

Persistent link: https://www.econbiz.de/10011523731

How fuel poverty affects subjective well-being : panel evidence from Germany

Biermann, Philipp - 2016

This paper uses panel data on life satisfaction of about 40,000 individuals in Germany from 1994 to 2013 to analyze the …

Persistent link: https://www.econbiz.de/10011549762