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Many budget surveys present the interesting features that for a wide range of goods they contain quantity information along with expenditure information, and that the geographical location of households is fairly precise. We take advantage of these features to develop a method for estimation of...
Persistent link: https://www.econbiz.de/10011449002
The rational expectations assumption, e.g. in life-cycle models and portfolio-choice models, prescribes agents to have model-consistent beliefs and to avoid systematic prediction errors. In reality, justi cation and identification of expectations are nontrivial. One way to solve this problem is...
Persistent link: https://www.econbiz.de/10012139064
(Raumordnungsregionen) in Germany based on the second wave of the Panel on Household Finances (PHF) conducted by the Deutsche Bundesbank in …
Persistent link: https://www.econbiz.de/10012101276
are significant differences regarding the marital status, the presence of at least one child in the household and whether … the household is located in a former West or East German federal state. Married couples and couples with children are …
Persistent link: https://www.econbiz.de/10011972980
We analyze the compliance costs of individual taxpyers resulting from the German income tax. using survey data that has been raised between December 2008 and April 2009, we find evidence for a considerably higher cost burden of self-employed taxpaxers. Taxable income and the demand for external...
Persistent link: https://www.econbiz.de/10009008047
suggest that household-specific inflation rates and group-specific news consumption accounts for the higher expectation gaps …
Persistent link: https://www.econbiz.de/10009777699
pension contributions and expected standard of living in retirement, using microdata from the German Panel on Household … sharing. The empirical results suggest that household bargaining is significantly correlated with individual retirement … household resources amongst each other in retirement. Finally, our data indicate that intracouple information sharing and …
Persistent link: https://www.econbiz.de/10012697947
The availability of quantity information along with expenditure information in some household surveys allows the …
Persistent link: https://www.econbiz.de/10011427724
unions can demand different hours from different households, directly taking household heterogeneity into account. In this … households work the same amount but prohibits unions from requiring any household to work more than it would like to. This …
Persistent link: https://www.econbiz.de/10014467926
by age, education, wealth, sex and household composition. In aggregate, social assistance dominates unemployment …
Persistent link: https://www.econbiz.de/10014286635