Narrow search
Showing 211 - 220 of 118,869
Cover Image
A Model of the Consumption Response to Fiscal Stimulus Payments
Kaplan, Greg; Violante, Giovanni L - C.E.P.R. Discussion Papers - 2011
payments (e.g. tax rebates) are spent on non-durable household consumption in the quarter that they are received. We develop a … Finances. A version of the model parametrized to the 2001 tax rebate episode is able to generate consumption responses to …
Persistent link: https://www.econbiz.de/10009293985
Cover Image
Household Wealth Accumulation and Portfolio Choices in Korea
Cho, Sang-Wook Stanley - School of Economics, UNSW Business School - 2007
system to assess their impact on wealth accumulation, portfolio choices, and the pattern of homeownership. I find that … expanding the mortgage system significantly increases the homeownership ratio, while alternative rental arrangements have mixed … effects on the homeownership ratio. All of the alternative market arrangements raise the fraction of household wealth invested …
Persistent link: https://www.econbiz.de/10005422742
Cover Image
The Wealthy Hand-to-Mouth
Kaplan, Greg; Violante, Giovanni L; Weidner, Justin - C.E.P.R. Discussion Papers - 2014
The wealthy hand-to-mouth are households who hold little or no liquid wealth (cash, checking, and savings accounts), despite owning sizable amounts of illiquid assets (assets that carry a transaction cost, such as housing or retirement accounts). We use survey data on household portfolios for...
Persistent link: https://www.econbiz.de/10011084522
Cover Image
The Covid-19 crisis and consumption: Survey evidence from six EU countries
Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - 2020
estimates the impact of the Covid-19 crisis on consumption. The panel provides, each month, household-specific indicators of the … concern causes a significant reduction in nondurable consumption. The paper also explores the potential impact on consumption … of government interventions and of another wave of Covid-19, using household-level consumption adjustments to scenarios …
Persistent link: https://www.econbiz.de/10012422169
Cover Image
The Covid-19 crisis and consumption : survey evidence from six EU countries
Christelis, Dimitris; Georgarakos, Dimitris; Jappelli, … - 2020
estimates the impact of the Covid-19 crisis on consumption. The panel provides, each month, household-specific indicators of the … concern causes a significant reduction in nondurable consumption. The paper also explores the potential impact on consumption … of government interventions and of another wave of Covid-19, using household-level consumption adjustments to scenarios …
Persistent link: https://www.econbiz.de/10012390462
Cover Image
Ricardian or Spender Consumers? Evidence from a Taxpayer Survey Questionnaire
Échevin, Damien - Volkswirtschaftliche Fakultät, … - 2009
This paper uses a unique survey questionnaire to assess the impact of the 2002 French tax cut on consumption. I find … constraints on consumption in that context. …
Persistent link: https://www.econbiz.de/10008497686
Cover Image
Tax Reform, Consumption and Asset Structure.
Agell, J.; Berg, L.; Edin, P.A. - Nationalekonomiska Institutionen, Uppsala Universitet - 1995
Persistent link: https://www.econbiz.de/10005638534
Cover Image
Rushing into American dream? House prices, timing of homeownership, and adjustment of consumer credit
Agarwal, Sumit; Hu, Luojia; Huang, Xing - 2013
homeownership as a function of credit constraints and expectations of future house price. Our panel data allows us to track …
Persistent link: https://www.econbiz.de/10010352190
Cover Image
Rushing into American Dream? House Prices, Timing of Homeownership, and Adjustment of Consumer Credit
Agarwal, Sumit; Hu, Luojia; Huang, Xing - Federal Reserve Bank of Chicago - 2013
homeownership as a function of credit constraints and expectations of future house price. Our panel data allows us to track …
Persistent link: https://www.econbiz.de/10010739552
Cover Image
Consumption and Credit Constraints : International Evidence
BACCHETTA, Philippe; GERLACH, Stefan - Départment d'économétrie et d'économie politique … - 1997
If some consumers are liquidity-constrained, aggregate consumption should be `excessively sensitive' to credit …, the United Kingdom, Japan and France, we find a substantial impact of credit aggregates on consumption in all countries … considered. Moreover, the borrowing/lending wedge is a significant determinant of consumption in the United States, Canada and …
Persistent link: https://www.econbiz.de/10005650176