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What Really Happened to Consumption Inequality in the Us?

Attanasio, Orazio; Battistin, Erich; Ichimura, Hidehiko - 2021

calendar quarters and consists of retrospectively collected information about monthly expenditures on durable and non …

Persistent link: https://www.econbiz.de/10013235893

Welfare Reform and Family Expenditures : How are Single Mothers Adapting to the New Welfare and Work Regime?

Kaushal, Neeraj - 2010

affect total expenditures in households headed by low-educated single mothers. However, patterns of expenditure did change … significant changes in expenditures on childcare or learning and enrichment activities. This pattern of results suggests that … welfare reform has shifted family expenditures towards items that facilitate work outside the home, but, at least so far, has …

Persistent link: https://www.econbiz.de/10012760606

International Student Mobility : Growth and Dispersion

Kaushal, Neeraj - 2019

mobility – the human capital model and the migration model – across traditional and emerging destinations. Our findings suggest … that while the predictions of the migration model are generally valid in explaining student emigration to non …

Persistent link: https://www.econbiz.de/10012868744

Is Consumption Growth Consistent with Intertemporal Optimization? Evidence from the Consumer Expenditure Survey

Attanasio, Orazio - 2010

In this paper we show that some of the predictions of models of consumer intertemporal optimization are not inconsistent with the patterns of non-durable expenditure observed in US household-level data. Our results and our approach are new in several respects. First, we use the only US micro...

Persistent link: https://www.econbiz.de/10013139240

Relative Wage Movements and the Distribution of Consumption

Attanasio, Orazio - 2010

We analyze how relative wage movements across birth cohorts and education groups during the 1980s affected the distribution of household consumption. The analysis integrates the labor economics literature on time variation in the wage structure with the consumption insurance literature. In...

Persistent link: https://www.econbiz.de/10013139905

The Evolution of Income, Consumption, and Leisure Inequality in the Us, 1980-2010

Attanasio, Orazio - 2012

Recent research has documented that income inequality in the United States has increased dramatically over the prior three decades. There has been less of a consensus, however, on whether the increase in income inequality was matched by an equally large increase in consumption inequality. Most...

Persistent link: https://www.econbiz.de/10013107973

Stochastic Components of Individual Consumption : A Time Series Analysis of Grouped Data

Attanasio, Orazio - 2010

In this paper we propose a method to characterize the time series properties of individual consumption, income and interest rates using micro data, as studies in labour economics have characterized the time series properties of hours and earnings. Our approach, however, does not remove aggregate...

Persistent link: https://www.econbiz.de/10012760713

Nonlinear Pricing in Village Economies

Attanasio, Orazio - 2015

This paper analyzes and estimates the impact of quantity discounts for basic staples in rural Mexico. We propose a model of price discrimination that nests those of Maskin and Riley (1984) and Jullien (2000), in which consumers differ in their tastes and, due to subsistence constraints, in their...

Persistent link: https://www.econbiz.de/10013011927

Consumer Durables and Inertial Behavior : Estimation and Aggregation of (S,S) Rules

Attanasio, Orazio - 2021

This paper presents an (S,s) model for automobile consumption and estimates it using a data set of US households. The model allows for unobserved heterogeneity in both the target level and the band width, takes into account the possibility of a zero desired level, constrains the band to be non...

Persistent link: https://www.econbiz.de/10013224326

Intertemporal Choice and the Cross-Sectional Variance of Marginal Utility

Attanasio, Orazio; Jappelli, Tullio - 2021

The theory of intertemporal choice predicts that the cross-sectional variance of the marginal utility of consumption is equal to its own lag plus a constant and a random component. Using general preference specifications and some assumptions about the nature of the random component, we provide...

Persistent link: https://www.econbiz.de/10013224863