Showing 1 - 10 of 348
Consumption baskets vary across households and inflation rates vary across goods. As a result, standard consumer price … unequal the distribution of aggregate consumption across households. Likewise, changes in observed nominal consumption … faced by a rich consumer located in the 80 to 90 percentile of the distribution of consumption expenditure. In most episodes …
Persistent link: https://www.econbiz.de/10014060101
This paper analyzes the role of the United States in the global economy and examines the extent of global spillovers from changes in U.S. growth, monetary and fiscal policies, and uncertainty in its financial markets and economic policies. Developments in the U.S. economy, the world's largest,...
Persistent link: https://www.econbiz.de/10012963512
countries. I focus on consumption and income responses: when price reforms take place, households modify consumption and … corrects potential biases in the estimation of own- and cross-price elasticities in consumption. I apply the method to an …. In particular, I show that allowing for consumption and income responses is a key element of an accurate empirical …
Persistent link: https://www.econbiz.de/10014062401
improving households' risk-management through income diversification. The intervention targeted agricultural households exposed …. Households that received the productive investment grant also had higher average consumption levels. The complementary …
Persistent link: https://www.econbiz.de/10012975269
This paper provides new empirical insights on the joint distribution of consumption, income, and wealth in three of the … transmission from income to consumption inequality, which suggests the presence of powerful institutions that favor consumption …
Persistent link: https://www.econbiz.de/10012971514
A common criticism of balanced budget fiscal rules is that they increase the consumption volatility of financially … constrained households who are unable to smooth consumption. This paper evaluates the welfare consequences of simple fiscal rules … to perfectly smooth constrained households? consumption without adversely affecting unconstrained households …
Persistent link: https://www.econbiz.de/10012957780
the bottom of the income distribution, namely through consumption, household production, and market-based labor activities … trade and the ultimate welfare impact. Trade changes in agriculture directly affect households through their consumption …
Persistent link: https://www.econbiz.de/10012971574
consumption expenditures and calories per capita were less dramatic. However, dietary quality, as captured by the food consumption … consumption outcomes, particularly for those in moderately-affected areas, the proportion of households with access to certain …, risk-coping strategies, including financial account ownership, access to off-farm income sources, and adult children living …
Persistent link: https://www.econbiz.de/10012853785
systematically larger for rice-producing households, generating a quasi-random source of variation in the size of the shock driven by …
Persistent link: https://www.econbiz.de/10012919648
of the relative causal contributions of the risk and experience of violence. The article also provides the first micro …
Persistent link: https://www.econbiz.de/10012969508