Professor Joachim K. Winter

Even short financial education programmes can change how adolescents make intertemporal choices - the basis of consumption and savings decisions, and more sophisticated financial decision-making more generally.

Recall food expenditure data, which is the basis of a great deal of empirical work, is believed to suffer from considerable measurement error.

Using recall and diary food expenditure data from Canada, we compare estimates of the household size elasticity of per capita food expenditure.

Peer effects in risky choices among adolescents

Can survey participation alter household saving behaviour?

Many initiatives worldwide aim at improving financial literacy through targeted education programs, yet there is little evidence regarding their effectiveness. The authors examine here the impact of a short financial education program on teenagers in German high schools.

This research includes work on consumption and saving, on poverty and inequality, and on risk sharing and insurance.

The authors study the impact of financial education on intertemporal choice in adolescence, their findings suggesting that the effect of such educational programs is to increase comprehension and decrease bracketing in intertemporal choice.

We review different ways in which data on consumer expenditures can be collected or captured

We provide novel evidence of survey effects on a central life-cycle choice: household saving.

The authors analyse the determinants of non-response to questions on financial items such as income and asset holdings in household surveys.