In a behavioral variant of a New Keynesian model, in which individuals use simple heuristic
rules to forecast future inflation and output, if there are limits on the amount of debt that …

This paper tests for excess sensitivity of consumption to predicted income growth using a
behavioral model that allows for myopia and/or irrationality. We use a micro-dataset …

This article focuses on the estimation of the importance of the precautionary motive in the
wealth accumulation decision. We use the micro data set of the De Nederlandsche Bank …

Children's problematic behavior significantly impacts their social relationships and career
expectations, particularly among those in rural areas, an aspect that has received limited …

We study the inter-temporal spending behavior of Spanish local governments during the last
housing boom (1997-2006), a period of substantial short-run momentum in …

This thesis explores the role of income expectations, housing demolitions, and financial
literacy in determining household financial and consumption decisions based on three …

We explore the finding that households often expect their financial position to remain
unchanged compared to other alternatives. A generalized middle inflated ordered probit …

Evaluating a new survey dataset of German consumers, we test whether individual
consumption plans are formed according to an Euler equation derived from consumption life …

Abstract Participants in the De Nederlandsche Bank Household Survey were asked
questions allowing to elicit subjective discount factors over different time horizons. The …

This paper focuses on the estimation of the importance of the precautionary motive in the
wealth accumulation decision. We use a micro dataset containing information on wealth, a …