Showing 1 - 10 of 13
-simulations to investigate heterogeneity in the euro area. We quantify shocks to wealth, income and financial pressure faced by … affected the income-poor, while the declining wealth the income-rich. Although borrowers benefited from the substantial … decrease in interest rates, debt service-income and debt-income ratios for poor households went up as they faced falling …
Persistent link: https://www.econbiz.de/10011605750
century, with separate consideration of income and wealth. We analyse the drivers of the changes in inequality and possible …
Persistent link: https://www.econbiz.de/10011631271
Elite occupations are characterised by the magnitude of income accumulation which has been particularly exacerbated in …
Persistent link: https://www.econbiz.de/10011818041
It is well known that the self-employed are over-represented at the bottom as well as the top of the income … distribution. This paper shifts the focus from the income situation of the self-employed to the distributive effects of a change in … increase in the proportion of self-employed individuals in the labor force increases income polarization by tearing down floors …
Persistent link: https://www.econbiz.de/10011930123
data to assess the effects of the policy change on non-EU labour migrants' labour-market outcomes, as measured by income …-migration reform had a negative effect on the migrants' annual income. However, this effect became marginal after controlling for … occupational level. We conclude that changes in their occupational composition were the main drivers of the income drop for non …
Persistent link: https://www.econbiz.de/10012292034
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … for the contradiction is social comparison. At a point in time those with higher income are happier because they are …
Persistent link: https://www.econbiz.de/10012387899
decomposing disposable income into labour, property and transfer income is essential for understanding and forecasting consumption …. Finally, substantial crosscountry heterogeneity in marginal propensities to consume out of income and wealth components calls …
Persistent link: https://www.econbiz.de/10012389546
grow as low-income countries develop. This paper tests the relationships between development and emigration from 130 … emigration from low to middle-income countries declines as income increases, education improves or population growth slows down … increases from countries at intermediate levels of development. Hence, policies supporting development in low-income countries …
Persistent link: https://www.econbiz.de/10012390743
We analyse the effect of shocks to housing wealth and income before and after the Great Recession. We combine datasets … containing information on expenditure, income, wealth and debt in a synthetic panel to understand how household indebtedness … affects the response to income and wealth shocks.We find evidence for both a housing wealth effect and income shocks …
Persistent link: https://www.econbiz.de/10012422051
households without children under 18 years old, whereas three factors were identified for households with children. The … household. Household income had the largest influence on all the dimensions, which indicates a strong relationship between … income and food insecurity. …
Persistent link: https://www.econbiz.de/10011714657