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Determinants of Demand for Luxury Goods : A Comparative Study Among Three European Countries

Ergün, Kutlu - 2021

Identifying the determinants of luxury consumption may produce positive results for marketing. This the study is based on an online survey including the participants from Romania, Spain and Turkey, and it aims to reach possible factors that may affect the demand for luxury goods. It investigates...

Persistent link: https://www.econbiz.de/10013245163

Consumption growth and volatility with consumption externalities

Xie, Runli - 2010 - This draft: November, 2010

This paper studies the link between group-specific consumption growth and volatility within a framework of heterogeneous agents, under the assumption of a consumption externality. Household preferences are related to the volatility through asset holding decisions: volatility decreases with...

Persistent link: https://www.econbiz.de/10008749791

Liquidity constraints and the permanent income hypothesis : pseudo panel estimation with German consumption survey data

Beznoska, Martin; Ochmann, Richard R. - 2012

This paper empirically investigates the relevance of liquidity constraints and excess sensitivity in intertemporal household consumption. Using a pseudo panel that has been constructed on rich German consumption survey data, we estimate the consumption responses to permanent and transitory...

Persistent link: https://www.econbiz.de/10009579365

Trade-off between consumption growth and inequality : theory and evidence for Germany

Xie, Runli - 2009

This paper examines the structure and evolution of consumption and consumption growth inequality. Once heterogeneous agents relate their neighbors' consumption to their own, consumption volatility and inequality are affected. The relationship predicted between the group average consumption...

Persistent link: https://www.econbiz.de/10003850730

Leisure and housing consumption after retirement : new evidence on the life-cycle hypothesis

Schreiber, Sven; Beblo, Miriam - 2016

We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions such as those around retirement should not affect consumption. However, we first recall that given higher leisure endowments after retirement, the theory does predict a fall of...

Persistent link: https://www.econbiz.de/10011455042

Leisure and housing consumption after retirement : new evidence on the life-cycle hypothesis

Schreiber, Sven; Beblo, Miriam - 2016 - This version: May 2016

Persistent link: https://www.econbiz.de/10011485846

Human capital and macroeconomic growth : Austria and Germany 1960-1997; an update

Marin, Dalia; Koman, Reinhard - 2005

In an influential paper Mankiw, Romer, and Weil (1992) argue that the evidence on the international disparity in levels of per capita income and rates of growth is consistent with a standard Solow model, once it has been augmented to include human capital as an accumulable factor. In a study on...

Persistent link: https://www.econbiz.de/10010440426

Education, knowledge, and economic growth : France and Germany in the 19th and 20th centuries

Diebolt, Claude; Guiraud, Vivien; Monteils, Marielle - 2003

Persistent link: https://www.econbiz.de/10001742871

Humankapital - der Schlüssel für wirtschaftliches Wachstum?

Mezger, Cora Leonie - 2004

Modelle Einblick in die Neue Wachstumstheorie und analysiert das "System Humankapital" (Entstehung und indirekte Auswirkungen …Der Begriff Humankapital ist in aller Munde - die PISA-Studie kritisiert das deutsche Schulsystem, Studenten … Innovation und zukunftsorientiertem Wachstum für alle. Ist Humankapital der wundersame Schlüssel zu dauerhaftem wirtschaftlichen …

Persistent link: https://www.econbiz.de/10002259685

Distribution, aggregate demand and productivity growth : theory and empirical results for six OECD countries based on a post-Kaleckian model

Hein, Eckhard; Tarassow, Artur - 2008

Empirical research based on the Bhaduri/Marglin-variant of the Kaleckian model has recently shown that aggregate demand in many medium-sized and large open economies tends to be wage-led in the medium to long run, even in a period of increasing globalisation. In this paper we extend this type of...

Persistent link: https://www.econbiz.de/10003772369