Consumption-/Travel behaviour at medium-term economic stagnation

The study primarily analyzes the consumption/travel behaviour at stagnating/decreasing permanent income. Main focus of the study is the quantification of income/budget shifting from „non-neccessary“ consumer goods (i.e. travels, diverse luxury goods) towards „neccessary“ consumer goods (i.e. expeditures for daily needs) and increased „cautionary saving“ at stagnating/decreasing available personal real income.