Narrow search
Showing 1 - 10 of 147
Cover Image
The Effect of Unconventional Fiscal Policy on Consumption Expenditure
D'Acunto, Francesco - 2016
Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We exploit a unique natural experiment for an empirical test of the effectiveness of...
Persistent link: https://www.econbiz.de/10012984119
Cover Image
Non-Durable Consumption and Housing Net Worth in the Great Recession : Evidence from Easily Accessible Data
Kaplan, Greg - 2016
housing net worth on household expenditures during the Great Recession. Their widely-cited estimates are based on proprietary … specification on our data, we obtain values for the elasticity of expenditures to the housing net worth shock that are virtually … conclusions about the separate roles of house prices and initial housing exposure/leverage for the drop in expenditures. Moreover …
Persistent link: https://www.econbiz.de/10012992649
Cover Image
The Permanent Income Hypothesis and Consumption Durability : Analysis Based on Japanese Panel Data
Hayashi, Fumio - 2021
commodity groups. Consumption is a distributed lag function of expenditures, and the utility function is additively separable in … each commodity group, expected change in expenditures is correlated neither with past expenditure changes on other …
Persistent link: https://www.econbiz.de/10013218128
Cover Image
Intergenerational transmissions and the school-to-work transition of 2nd generation immigrants
Nielsen, Helena Skyt (contributor) - 2001
We analyse the extent of intergenerational transmission through parental capital, ethnic capital and neighbourhood effects on several aspects of the school-to-work transition of 2 nd generation immigrants and young ethnic Danes. The main findings are that parental capital has strong positive...
Persistent link: https://www.econbiz.de/10001597525
Cover Image
Immigration policy, assimilation of immigrants and natives' sentiments towards immigrants : evidence from 12 OECD-countries
Bauer, Thomas K.; Lofstrom, Magnus; Zimmermann, Klaus F. - 2000
As in the U.S. and Canada, migration is a controversial issue in Europe. This paper explores the possibility that … migration and contribute to a better economic performance of the respective countries. …
Persistent link: https://www.econbiz.de/10001509797
Cover Image
Self-employment and earnings among high-skilled immigrants in the United States
Lofstrom, Magnus - 2000
This paper uses data from the 1980 and 1990 U.S. Censuses to analyze the labor market experience of high-skilled immigrants relative to high-skilled natives. Immigrants are found to be more likely to be working in one of the high-skilled occupations than natives, but the gap between the two...
Persistent link: https://www.econbiz.de/10001510633
Cover Image
Are immigrants competing with natives in the Italian labour market? : The employment effect
Venturini, Alessandra; Villosio, Claudia - 2002
Persistent link: https://www.econbiz.de/10001672901
Cover Image
Self-selection, earnings, and out-migration : a longitudinal study of immigrants to Germany
Constant, Amelie - 2002
Persistent link: https://www.econbiz.de/10013268939
Cover Image
The Dynamics of Car Sales : A Discrete Choice Approach
Adda, Jerome - 2006
Mankiw [1982] explores the Permanent Income Hypothesis implication that durable expenditures follow an ARMA(1 …,1) representation. He finds that durable expenditures are represented by an AR(1) process which implies that the rate of depreciation of …
Persistent link: https://www.econbiz.de/10012783955
Cover Image
Mortgage Rates, Household Balance Sheets, and the Real Economy
Keys, Benjamin J. - 2014
This paper investigates the impact of lower mortgage rates on household balance sheets and other economic outcomes during the housing crisis. We use proprietary loan-level panel data matched to consumer credit records using borrowers' Social Security numbers, which allows for accurate...
Persistent link: https://www.econbiz.de/10013046153