consumption-saving and housing tenure decisions. We embed an explicit intergenerational link between children and parents to …

that people with low self-control have more problems with the repayment of consumption debt, but this relationship is, in …

Simple life cycle and permanent income hypotheses imply that changes in consumption should be unforecastable. Rational … forward-looking agents ought to smooth consumption over the life cycle and exhaust the asset stock accumulated during the … review of literature focuses particularly on the life cycle issues of consumption behaviour. …

This paper tests whether the Ricardian Equivalence proposition holds in a life cycle consumption laboratory experiment … not hold in general. Our results suggest that taxation has a significant and strong impact on consumption choice. Over the … life cycle, a tax relief increases consumption on average by about 22% of the tax rebate. A tax increase causes consumption …

-biased overconsumption of the respective good, and tests the effectiveness of pay-as-you-go schemes in reducing consumption. Specifically, I … run a lab experiment which mimics an energy consumption choice and randomizes the timing of when consumption costs are … paid: Either immediately (‘pay-as-you-go’) or one-week after consumption (‘pay-later’). Results show that pay …