Narrow search
Showing 1 - 10 of 1,647
Cover Image
Consumption Uncertainty and Precautionary Saving
Christelis, Dimitris - 2016
Using survey data from a representative sample of Dutch households, we estimate the strength of the precautionary saving motive by eliciting subjective expectations on future consumption. We find that expected consumption risk is higher for the young and the self-employed, and is correlated...
Persistent link: https://www.econbiz.de/10013000340
Cover Image
Consumption Uncertainty and Precautionary Saving
Christelis, Dimitris - 2018
Using survey data from a representative sample of Dutch households, we estimate the strength of the precautionary saving motive by eliciting subjective expectations on future consumption. We find that expected consumption risk is higher for the young and the self-employed, and is correlated...
Persistent link: https://www.econbiz.de/10012936705
Cover Image
Consumption Uncertainty and Precautionary Saving
Christelis, Dimitris - 2017
Using survey data from a representative sample of Dutch households, we estimate the strength of the precautionary saving motive by eliciting subjective expectations on future consumption. We find that expected consumption risk is higher for the young and the self-employed, and is correlated...
Persistent link: https://www.econbiz.de/10012970398
Cover Image
Labor income profiles are not heterogeneous : evidence from income growth rates
Hryshko, Dmytro - In: Quantitative economics : QE ; journal of the … 3 (2012) 2, pp. 177-209
heterogeneity in individual incomes and calibrating/estimating macromodels with incomplete insurance markets and heterogeneous …
Persistent link: https://www.econbiz.de/10011756817
Cover Image
Heterogeneous life-cycle profiles, income risk and consumption inequality
Primiceri, Giorgio E.; van Rens, Thijs - 2007
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...
Persistent link: https://www.econbiz.de/10010276396
Cover Image
Heterogeneity and risk sharing in village economies
Chiappori, Pierre-André; Krislert Samphantharak; … - In: Quantitative economics : QE ; journal of the … 5 (2014) 1, pp. 1-27
, we measure heterogeneity in risk aversion among households in Thai villages using a full risk-sharing model, which we … then test allowing for this heterogeneity. There is substantial, statistically significant heterogeneity in estimated risk … preferences are unrelated to wealth or other characteristics. The heterogeneity matters for policy: Although the average household …
Persistent link: https://www.econbiz.de/10011757115
Cover Image
Unobservable, but unimportant? : the influence of personality traits (and other usually unobserved variables) for the estimation of treatment effects ; conference paper
Caliendo, Marco; Mahlstedt, Robert; Mitnik, Oscar A. - 2014 - Preliminary version, this draft: February 28, 2014
A large and highly used number of treatment effects estimators rely on the unconfoundedness assumption ("selection on observables") which is fundamentally non testable. When evaluating the effects of labor market policies, researchers need to observe both variables that affect treatment...
Persistent link: https://www.econbiz.de/10010487253
Cover Image
The Impact of Financial Literacy and Financial Well-Being toward Online Shopping Activities during COVID-19 among Students Residing in Malaysia
Susanto, Sebastian Filbert - 2021
The purpose of this study is to measured and analysed the relationship and correlations of the financial literacy, financial well-being, COVID-19 daily life influence, and individual’s monthly income toward the online shopping activities, which is measured through the estimated average monthly...
Persistent link: https://www.econbiz.de/10014351678
Cover Image
Using Sentiment Surveys to Predict GDP Growth and Stock Returns
Guzman, Giselle - 2012
This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to macroeconomic and financial data. I examine 16...
Persistent link: https://www.econbiz.de/10013110732
Cover Image
A new approach to bootstrap inference in functional coefficient models
Herwartz, Helmut; Xu, Fang - 2007
We introduce a new, factor based bootstrap approach which is robust under heteroskedastic error terms for inference in functional coefficient models. Modeling the functional coefficient parametrically, the bootstrap approximation of an F statistic is shown to hold asymptotically. In simulation...
Persistent link: https://www.econbiz.de/10010296279