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Retained Earnings, Foreign Portfolio Ownership, and the German Current Accoun...
In some countries, a sizable fraction of savings is derived from corporate savings. Although larger, traded corporations are often co-owned by foreign portfolio investors,... -
Migration, Diversity, and Economic Growth. A Replication Study of Bove and El...
A recent and well known paper, Bove and Elia (2017), argues that migrants' diversity, as captured by the indexes of both fractionalization and polarization, exerts a positive... -
Did marginal propensities to consume change with the housing boom and bust? (...
To improve estimates of household consumption behavior, we extend a widely-used model by allowing for dynamic consumption elasticities with respect to transitory income shocks.... -
Source Code for Spaeth Schmid - Distribution of Household Savings
This contribution contains source code for the statistical analyses executed in Jochen Späth, Kai Daniel Schmid, "The Distribution of Household Savings in Germany", Journal of... -
Saving Behavior and Housing Wealth - Evidence from German Micro Data (replica...
Housing property is the most important position in a household’s wealth portfolio. Even though there is strong evidence that house price cycles and saving patterns behave...