Showing 1 - 10 of 886
Empirically analyzing household behavior usually relies on informal data preprocessing. That is, before an econometric model is estimated, observations are selected in such a way that the resulting subset of data can be assumed to be sufficiently homogeneous with respect to the specific research...
Persistent link: https://www.econbiz.de/10010458584
Persistent link: https://www.econbiz.de/10014314282
Most equivalence scales which are applied in research on poverty and inequality do not depend on income, although there is strong empirical evidence that equivalence scales in fact are income dependent. This paper explores the consistency of results derived from income independent and income...
Persistent link: https://www.econbiz.de/10011374211
We estimate household equivalence scales using income satisfaction data from the German Socio-Economic Panel. We extend previous studies applying this approach by taking reference income into account. This allows separating needs-based from reference effects in the determination of income...
Persistent link: https://www.econbiz.de/10011547742
Based on a new survey of German households, we investigate the role of information channels and lifetime experience for households' inflation expectations. We show that the types of information channels that households use to inform themselves about monetary policy are closely related to their...
Persistent link: https://www.econbiz.de/10012271754
comprehensive study of wealth and its distribution in Germany since the 19th century. We combine tax and archival data, household …
Persistent link: https://www.econbiz.de/10013187686
strongest with respect to affiliate employment in Western Europe. A one percent larger wage gap between Germany and locations in …
Persistent link: https://www.econbiz.de/10002572124
-insurance demand. An unanticipated tax reform in 2000 halved the tax exemption limit for capital income in Germany. We document that …
Persistent link: https://www.econbiz.de/10003966524
This paper compares two prominent empirical measures of individual risk attitudes - the Holt and Laury (2002) lottery-choice task and the multi-item questionnaire advocated by Dohmen, Falk, Huffman, Schupp, Sunde and Wagner (2011) - with respect to (a) their within-subject stability over time...
Persistent link: https://www.econbiz.de/10010250131
use the separation of Germany into the communist GDR and the democratic FRG and its reunification in 1990 as a natural … experiment. Relying on household data that are representative for Germany, our empirical results strongly indicate that … conspicuous consumption is relatively more important in East Germany. Importantly, a significant gap in conspicuous consumption …
Persistent link: https://www.econbiz.de/10009621765