Showing 1 - 10 of 30
"undesirable" values. In laboratory experiments and surveys, I provide causal evidence that consumption can be diagnostic of … values are widely considered undesirable. These effects occur for both observable and unobservable consumption and for …
Persistent link: https://www.econbiz.de/10013353442
changes in disposable income around the country's financial crisis in 2008, to plot the life-cycle path of consumption and … income for different education groups and to estimate the level of consumption smoothing. We split households into three … educated engage in more consumption smoothing than those without a university degree. We also construct a measure for marginal …
Persistent link: https://www.econbiz.de/10013353467
We review the theoretical justification of consumption taxes in advanced economies, providing a systematic overview of … determinants of the optimal level of consumption taxation in relation to other taxes, as well as the optimal differentiation of … trade-offs in consumption taxation as well as point out important areas where more research is needed. …
Persistent link: https://www.econbiz.de/10013470297
This paper focuses on whether households facing economic scarcity tend to change consumption priorities as measured by … feast-related goods, indicating a "feast and famine" consumption strategy. Nevertheless, spending on food with label claims …
Persistent link: https://www.econbiz.de/10014290226
This paper examines how households adjusted their consumption behavior in response to COVID-19 infection risk during … the early phase of the pandemic. We use a monthly consumption survey specifically designed by the German Statistical … Office covering the second wave of COVID-19 infections from September to November 2020. Households reduced their consumption …
Persistent link: https://www.econbiz.de/10014290307
relatively ineffective in stimulating consumption with regards to their costs when compared to other measures such as (targeted …
Persistent link: https://www.econbiz.de/10014377392
evidence has implications for the role of asset price expectations in business cycle dynamics and consumption inequality. …
Persistent link: https://www.econbiz.de/10014377425
aggregate consumption for longer. …
Persistent link: https://www.econbiz.de/10014377472
beliefs about nominal debt and their own real net wealth. These changes in beliefs causally affect actual consumption and … hypothetical debt decisions. Our findings suggest that real wealth mediates the sensitivity of consumption to inflation once …
Persistent link: https://www.econbiz.de/10014469510
In this paper we analyze the relationship between unemployment and consumption. We study this relationship with panel … smaller consumption losses in Spanish and Italian households. We discuss this finding in the light of different market and … that credit and insurance markets are also more developed in the North than in the South, existing theories of consumption …
Persistent link: https://www.econbiz.de/10010314985