German Consumption Inequality. An evaluation with a focus on the financial crisis

Katrin Heinrichs

VfS Annual Conference 2016 (Augsburg): Demographic Change from Verein für Socialpolitik / German Economic Association

Abstract: How did the financial crisis impact on German demand? Are there significant differences in consumption behaviour depending on income? We analyse consumption data from 2005 to 2012/13 and find some indication for divergence of different income categories' consumption after 2009 and for a higher real interest rate sensitivity of higher income earners' consumption. Like in studies of income and wealth inequality, we also see a slight upward trend in consumption inequality that might have briefly staggered when the financial crisis hit.

JEL-codes: D30 D31 D60 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc16:145891

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