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Epstein, Gil S.; Gang, Ira N. - 2010

Culture is not new to the study of migration. It has lurked beneath the surface for some time, occasionally protruding … how culture manifests itself in the migration process for three groups of actors: the migrants, those remaining in the … migration as an economic phenomenon; but what about them matters? Properly, we should be looking at the determinants of identity …

Persistent link: https://www.econbiz.de/10008658260

Income Maximization and the Selection and Sorting of International Migrants

Grogger, Jeffrey - 2008

alternative specifications of international migration, estimate the magnitude of migration costs by source-destination pair, and …

Persistent link: https://www.econbiz.de/10012464826

The Effect of Expected Income on Individual Migration Decisions

Kennan, John - 2003

The paper develops a tractable econometric model of optimal migration, focusing on expected income as the main economic … influence on migration. The model improves on previous work in two respects: it covers optimal sequences of location decisions … panel data from the NLSY on white males with a high school education. Our main conclusion is that interstate migration …

Persistent link: https://www.econbiz.de/10012469115

Further Results on Measuring the Well-Being of the Poor Using Income and Consumption

Meyer, Bruce D. - 2007

In the U.S., analyses of poverty rates and the effects of anti-poverty programs rely almost exclusively on income data. In earlier work (Meyer and Sullivan, 2003) we emphasized that conceptual arguments generally favor using consumption data to measure the well-being of the poor, and, on...

Persistent link: https://www.econbiz.de/10012465193

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

Attanasio, Orazio - 2006

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/10012466208

Measuring the Well-Being of the Poor Using Income and Consumption

Meyer, Bruce D. - 2003

We evaluate consumption and income measures of the material well-being of the poor. We begin with conceptual and pragmatic reasons that favor income or consumption. Then, we empirically examine the quality of standard data by studying measurement error and under-reporting, and by comparing...

Persistent link: https://www.econbiz.de/10012468938

The Implications of Richer Earnings Dynamics for Consumption and Wealth

De Nardi, Mariacristina - 2016

Earnings dynamics are much richer than those typically used in macro models with heterogenous agents. This paper provides multiple contributions. First, it proposes a simple non-parametric method to model rich earnings dynamics that is easy to estimate and introduce in structural models. Second,...

Persistent link: https://www.econbiz.de/10012456755

Estimating the Impact of Microcredit on Those Who Take It Up : Evidence from a Randomized Experiment in Morocco

Crépon, Bruno - 2014

This paper reports the results from a randomized evaluation of a microcredit program introduced in rural areas of Morocco starting in 2006 by Al Amana, the country's largest microfinance institution. Al Amana was the only MFI operating in the study areas during the evaluation period. Thirteen...

Persistent link: https://www.econbiz.de/10012458520

Asset Pricing with Countercyclical Household Consumption Risk

Constantinides, George M. - 2014

We show that shocks to household consumption growth are negatively skewed, persistent, countercyclical, and drive asset prices. We construct a parsimonious model where heterogeneous households have recursive preferences. A single state variable drives the conditional cross-sectional moments of...

Persistent link: https://www.econbiz.de/10012458555

Disability, Earnings, Income and Consumption

Meyer, Bruce D. - 2013

Using longitudinal data for 1968-2009 for male household heads, we determine the prevalence of pre- retirement age disability and its association with a wide range of outcomes, including earnings, income, and consumption. We then employ some of these quantities in the optimal social insurance...

Persistent link: https://www.econbiz.de/10012459792