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Financial expectations and household consumption : does middle inflation matter?
Brown, Sarah; Harris, Mark N.; Spencer, Christopher; … - 2020
Using British panel data, we explore the finding that households often expect theirÂ…financial position to remain unchanged compared to other alternatives, using a generalised middle inflated ordered probit (GMIOP) model. In doing so we account for the tendency of individuals to choose...
Persistent link: https://www.econbiz.de/10012180406
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Forecasts : consumption, production, and behavioral responses
Ahmad, Husnain Fateh; Gibson, Matthew; Nadeem, Fatiq; … - 2022
forecast errors; the training effect suggests that modest educational interventions can durably improve forecasting skills …. Forecast receipt increased demand for protective masks and increased the responsiveness of outdoor time to pollution. Forecast …
Persistent link: https://www.econbiz.de/10013472006
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Validating the collective model of household consumption using direct evidence on sharing
Bargain, Olivier; Lacroix, Guy; Tiberti, Luca - 2018
.e. ignoring within-household inequality). This assessment of existing approaches to measure individual inequality and poverty is …
Persistent link: https://www.econbiz.de/10011881240
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Urban consumption inequality in China, 1995-2013
Xia, Qingjie; Li, Shi; Song, Lina - 2017
We use 1995, 2002 and 2013 CHIP data to investigate the urban household consumption expenditure inequality. The overall … inequality of urban household consumption expenditure measured by Gini coefficient slightly decreases from 0.33 in 1995 to 0 …
Persistent link: https://www.econbiz.de/10011762218
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Household debt and crises of confidence
Hintermaier, Thomas; Koeniger, Winfried - 2015
We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …
Persistent link: https://www.econbiz.de/10011347156
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A bigger house at the cost of an empty fridge? : the effect of households' indebtedness on their consumption: micro-evidence using Belgian HFCS data
Du Caju, Philip; Périlleux, Guillaume; Rycx, François; … - 2021
between 2010 and 2014 in Belgium, using panel data from the two waves of the Household Finance and Consumption Survey. Unlike …
Persistent link: https://www.econbiz.de/10012486606
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The causal effects of inflation uncertainty on households' beliefs and actions
Georgarakos, Dimitris; Gorodnichenko, Yuriy; Coibion, … - 2024
and second moments of inflation expectations separately affect subsequent household decisions. We document several key … encourages household job search, leading to higher subsequent employment among the unemployed and less under-employment among the …
Persistent link: https://www.econbiz.de/10015069388
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Family finances and debt overhang : evolving consumption patterns of Spanish households
Sala, Hector; Trivín, Pedro - 2022
This paper studies the direct impact of households' debt on consumption over the business cycle. We use household …
Persistent link: https://www.econbiz.de/10013184105
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Which households respond to electricity peak pricing amid high levels of electrification?
Garnache, Cloé; Hernæs, Øystein; Imenes, Anders Gravir - 2022
effectiveness of demand-based policies, and their impact across household groups, in a more electrified future. …
Persistent link: https://www.econbiz.de/10013171863
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Buffer-stock saving and households' response to income shocks
Fella, Giulio; Frache, Serafin; Koeniger, Winfried - 2016
We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel …
Persistent link: https://www.econbiz.de/10011572286