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Leisure and housing consumption after retirement : new evidence on the life-cycle hypothesis
Schreiber, Sven; Beblo, Miriam - 2016
such as those around retirement should not affect consumption. However, we first recall that given higher leisure … leisure, and we control for the leisure change in our empirical specifications, using micro data for Germany (SOEP), where …
Persistent link: https://www.econbiz.de/10011455042
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Leisure and housing consumption after retirement : new evidence on the life-cycle hypothesis
Schreiber, Sven; Beblo, Miriam - 2016 - This version: May 2016
such as those around retirement should not affect consumption. However, we first recall that given higher leisure … leisure, and we control for the leisure change in our empirical specifications, using micro data for Germany (SOEP), where …
Persistent link: https://www.econbiz.de/10011485846
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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
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The (in)validity of the Ricardian equivalence theorem : findings from a representative German population survey
Hayo, Bernd; Neumeier, Florian - 2016 - This version: 29 February 2016
In this paper, we utilise data from a German population survey to test the validity of the Ricardian equivalence theorem (RET). In 2013, 2,000 representatively chosen people were asked whether they have altered their consumption and saving behaviour in response to the significant increase in...
Persistent link: https://www.econbiz.de/10011433976
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The (in)validity of the Ricardian equivalence theorem : findings from a representative German population survey
Hayo, Bernd; Neumeier, Florian - 2016
In this paper, we utilise data from a German population survey to test the validity of the Ricardian equivalence theorem (RET). In 2013, 2,000 representatively chosen people were asked whether they have altered their consumption and saving behaviour in response to the significant increase in...
Persistent link: https://www.econbiz.de/10011574144
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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/10014167215
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Estimating a consumer demand system of energy, mobility and leisure : a microdata approach for Germany
Beznoska, Martin - 2014
relationship to the demand for leisure. Higher prices for energy goods like gas, electricity or fuel oil due to higher indirect …, respectively leisure demand effects for Germany. Using a demand system to estimate the price, cross-price and income effects of the … goods mobility, electricity, heating and leisure from microdata, there will also be accounted for the extensive demand for …
Persistent link: https://www.econbiz.de/10010340294
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Estimating a consumer demand system of energy, mobility and leisure : a microdata approach for Germany
Beznoska, Martin - 2014
relationship to the demand for leisure. Higher prices for energy goods like gas, electricity or fuel oil due to higher indirect …, respectively leisure demand effects for Germany. Using a demand system to estimate the price, cross-price and income effects of the … goods mobility, electricity, heating and leisure from microdata, there will also be accounted for the extensive demand for …
Persistent link: https://www.econbiz.de/10010339053
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Estimating a Consumer Demand System of Energy, Mobility and Leisure : A Microdata Approach for Germany
Beznoska, Martin - 2014
relationship to the demand for leisure. Higher prices for energy goods like gas, electricity or fuel oil due to higher indirect …, respectively leisure demand effects for Germany. Using a demand system to estimate the price, cross-price and income effects of the … goods mobility, electricity, heating and leisure from microdata, there will also be accounted for the extensive demand for …
Persistent link: https://www.econbiz.de/10014037269
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Income or leisure? : on the hidden benefits of (un-)employment
Chadi, Adrian; Hetschko, Clemens - 2017
We study the usually assumed trade-off between income and leisure in labor supply decisions using comprehensive German … benefit of employment. Finally, we examine subjective assessments of income and leisure as potential predictors for job take …
Persistent link: https://www.econbiz.de/10011688216