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DIW Wochenbericht 11 / 2020

Haushaltsüberschuldung hängt mit zu hohen Einkommenserwartungen und gelockerter Kreditvergabe zusammen

Weltweit steigt die Anzahl überschuldeter Privathaushalte. Die möglichen Gründe für diesen Anstieg sind nicht hinreichend erforscht. Der vorliegende Bericht verdeutlicht, dass überhöhte Einkommenserwartungen, die durch unsichere Einkommensverhältnisse befördert werden, zu überoptimistischen Konsumentscheidungen und verstärkter Kreditaufnahme führen können. In einer Umgebung ohne starke Regulierung, ...

2020| Theres Klühs, Melanie Koch, Wiebke Stein
Diskussionspapiere 1826 / 2019

Cheating and Corruption: Evidence from a Household Survey

This study tests the prediction that a corrupt government reduces ethical behavior among its citizens. We integrate a standard "cheating" experiment into a broad household survey and find clear support for this prediction: respondents who perceive corruption in state affairs are more likely to cheat. Interestingly, there is a small group of non-conformers. The main relation is robust to consideration ...

2019| Olaf Hübler, Melanie Koch, Lukas Menkhoff, Ulrich Schmidt
DIW Roundup 130 / 2019

Do Default Assignments Increase Savings of the Poor? Empirical Evidence

Although households in developing and emerging countries are relatively poor, there is potential to save. For example, one study estimates that up to 8.1% of a poor household’s budget in such countries is spent on so-called temptation goods, like alcohol, tobacco, and festivals (Banerjee and Duflo, 2007). At the same time, many households are aware of the fact that they do not save enough. They name ...

2019| Eva Haaser, Melanie Koch

Non-Standard Preferences and Beliefs in Financial Decision Making: Dissertation

Berlin: Humboldt-Univ., 2020, XVI, 247 S. | Melanie Koch

Don’t Expect Too Much – High Income Expectations and Over-Indebtedness

Household indebtedness is rising worldwide. This study investigates one possible driver of this increase that is rooted in the theory of permanent income: high income expectations. We collect data from an emerging country, Thailand, as (over-) indebtedness in markets with incomplete financial infrastructure and social security can be devastating. Furthermore, our sample of rural households is exposed ...

Munich: Collaborative Research Center Transregio 190, 2019, 55 S. : Anh.
(Discussion paper / Rationality & Competition, CRC TRR 190 ; 200)
| Theres Klühs, Melanie Koch, Wiebke Stein

The Effect of Social Comparison on Debt Taking: Experimental Evidence

A number of studies show that there is a link between social comparison and high levels of household debt. However, the exact mechanisms behind this link are not yet well understood. In this paper, we perform a lab experiment designed to study the eff ects of social image concerns and peer information on consumption choices that can be financed through debt taking. We find that having to announce ...

Munich: Collaborative Research Center Transregio 190, 2019, 27, XXV S.
(Discussion paper / Rationality & Competition, CRC TRR 190 ; 227)
| Antonia Grohmann, Melanie Koch

Coupled Lotteries – A New Method to Analyze Inequality Aversion

We develop and implement a new measure for inequality aversion: two peers are endowed with identical binary lotteries and the only choice they make is whether they want to play out the lotteries independently or with perfect positive correlation (coupling). Coupling has no other e ect than preventing outcome inequality. We implement the method in a survey in rural Thailand as well as a supplemental ...

Munich: Collaborative Research Center Transregio 190, 2019, 50 .
(Discussion paper / Rationality & Competition, CRC TRR 190 ; 185)
| Melanie Koch,Lukas Menkhoff, Ulrich Schmidt
Zeitungs- und Blogbeiträge

In der Überschuldungsfalle

In: Makronom (03.06.2020), S. 3 | Theres Klühs, Melanie Koch, Wiebke Stein
Zeitungs- und Blogbeiträge

Financial Resilience and the Covid-19 Pandemic: The Importance of Financial Literacy in Times of Crisis

In: BSE Insights on the Corona Crisis (28.05.2020), [Online-Artikel] | Jana Hamdan, Melanie Koch
9 results, from 1