Showing 1 - 10 of 17
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
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
stimulus payments on nondurable expenditures during the three-month period in which the payments were received. Further, there …
Persistent link: https://www.econbiz.de/10013131507
This chapter describes a system, called the LEADS system, for providing market participants, regulators, and households with information on the reallocation of resources within, from, and to the household sector in response to macroeconomic events. The household sector is both a propagator of...
Persistent link: https://www.econbiz.de/10013089772
Analyzing account-level data from an account aggregator, we find that households increase consumption when they receive (expected) tax refunds, as if they face liquidity constraints. However, these same households smooth consumption when making payments in other years, primarily by transferring...
Persistent link: https://www.econbiz.de/10012910640
We evaluate the consistency of two methods for estimating the effect of an economic policy: i) asking people how the policy caused them to change their behavior (reported effects); ii) inferring this change using data on behavior and differences in treatment across people (revealed-preference...
Persistent link: https://www.econbiz.de/10012945625
The consumption of high-consumption households is more exposed to fluctuations in aggregate consumption and income than that of low-consumption households in the Consumer Expenditure (CEX) Survey. The exposure to aggregate consumption growth of households in the top 10 percent of the consumption...
Persistent link: https://www.econbiz.de/10012757961
Using a survey of households in the Nielsen Consumer Panel and the randomized timing of disbursement of the 2008 Economic Stimulus Payments, we find that a household's spending rose by ten percent the week it received a Payment and remained high cumulating to 1.5-3.8 percent of spending over...
Persistent link: https://www.econbiz.de/10013053853
This paper evaluates theoretical explanations for the propensity of households to increase spending in response to the arrival of predictable, lump-sum payments, using households in the Nielsen Consumer Panel who received 25 million in randomly-distributed stimulus payments. The pattern of...
Persistent link: https://www.econbiz.de/10013019110
This paper uses data on the expenditures of households to explain movements in the average growth rate of consumption …
Persistent link: https://www.econbiz.de/10013215688