Similar Search Results

Crossley, Thomas F.; Low, Hamish; Smith, Sarah - 2013

The combination of credit constraints and indivisible consumption goods may induce some risk-averse individuals to gamble to have a chance of crossing a purchasing threshold. One implication of this is that income effects for individuals who choose to gamble are likely to be larger than for the...

Persistent link: https://www.econbiz.de/10010500250

Do consumers gamble to convexify?

Crossley, Thomas F.; Low, Hamish; Smith, Sarah - 2013

Persistent link: https://www.econbiz.de/10009753240

The effect of elicitation methods on ambiguity aversion : an experimental investigation

Maffioletti, Anna - 2001

Persistent link: https://www.econbiz.de/10013443074

Public Bequests as a Pension Scheme

Pirrone, Andrea - 2018

Governments have phased out pay-as-you-go pension schemes in favor of funded ones. Instead of dropping the intergenerational transfers of the pay-as-you-go pensions, we propose to invert them. In this way, resources would flow from old to young generations as if it were a system of public...

Persistent link: https://www.econbiz.de/10012913856

Do consumers gamble to convexify?

Crossley, Thomas F.; Low, Hamish; Smith, Sarah - 2011

lotteries to have a chance of crossing a purchasing threshold. One implication of this is that income effects for individuals … who choose to play lotteries are likely to be larger than for the general population. Using UK data on lottery wins, other … convexify their budget set. -- Gambling ; Lotteries ; Consumption ; Durables …

Persistent link: https://www.econbiz.de/10008991953

Aggregation under structural stability : the change in consumption of a heterogeneous population

Hildenbrand, Werner; Kneip, Alois - 2002

Persistent link: https://www.econbiz.de/10001667013

Asymmetric income and wealth effects in a non-linear error correction model of US consumer spending

Treeck, Till van - 2008

Various deviations from the Permanent Income consumption model with rational expectations have been discussed in the literature, including loss aversion and liquidity constraints. In the existing literature, these two types of consumption asymmetry are usually considered as mutually exclusive....

Persistent link: https://www.econbiz.de/10003744543

Aggregation under structural stability : the change in consumption of a heterogeneous population

Hildenbrand, Werner; Kneip, Alois - 2002

It is shown how one can effectively use cross-section data in modelling the change over time in aggregate consumption expenditure of a heterogeneous population. The starting point of our aggregation analysis is a dynamic behavioral relation on the household level. Based on certain hypotheses on...

Persistent link: https://www.econbiz.de/10011539806

Does Pension Automatic Enrollment Increase Debt? Evidence from a Large-Scale Natural Experiment

Beshears, John; Blakstad, Matthew; Choi, James J.; … - National Bureau of Economic Research - 2024

Does automatic enrollment into retirement saving increase household debt? We study the randomized roll-out of automatic enrollment pensions to ~160,000 employers in the United Kingdom with 2-29 employees. We find that the additional savings generated through automatic enrollment are partially...

Persistent link: https://www.econbiz.de/10014486192

Lottery pricing and price elasticity dispersion in the UK and Canada

Geronikolaou, G.; Papachristou, G. - In: Applied economics 48 (2016) 34/36, pp. 3322-3328

Persistent link: https://www.econbiz.de/10011617237