Showing 1 - 10 of 78
Using data on the production and usage of cotton, the paper develops estimates for the production and consumption of … textiles and consumption of textiles, and (c) consumption of clothing in India in relation to the rest of the world. …
Persistent link: https://www.econbiz.de/10009371467
cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … distribution. Consumption inequality increased less than disposable income inequality, and tracked the latter much more closely at …
Persistent link: https://www.econbiz.de/10008509469
behavior imply that the log consumption-aggregate (human and nonhuman) wealth ratio forecasts the expected return on aggregate … components may be expressed in terms of observable variables, namely in terms of consumption, nonhuman wealth and labor income …This paper studies the role of detrended wealth in predicting stock returns. We call a transitory movement in wealth …
Persistent link: https://www.econbiz.de/10005123769
Australian data, we model non-price credit supply conditions within equilibrium correction models of consumption, house prices …, but also interact with key economic variables. We show that credit conditions impact on consumption by: (i) lowering the … real activity; and (iii) facilitating intertemporal consumption smoothing. …
Persistent link: https://www.econbiz.de/10009371480
The effect of business tax and regulation on growth, together with potential effects of government spending on education and R&D, is embodied in a model of a small open economy with growth choices. The structural model is estimated on post-war panel data for 76 countries and the bootstrap is...
Persistent link: https://www.econbiz.de/10005124367
The single most likely way to leave the unemployment insurance (UI) register in Hungary is not by getting a job but by exhausting entitlement to benefit. Two questions follow. First, what are the implications of the cessation of UI for living standards? Second, does UI exhaustion have much...
Persistent link: https://www.econbiz.de/10005497937
This Paper attempts to expand the literature of intra-household allocation by looking at how resources are allocated between the elderly and their grown-up children with whom they live. It uses data over the 1970s, 1980s and 1990s from the Greek Household Budget Survey to test the hypothesis...
Persistent link: https://www.econbiz.de/10005281324
income growth, wealth inequality and political participation. We predict that developing countries will tend to overinvest in …
Persistent link: https://www.econbiz.de/10005504686
Models of inequity aversion and fairness have dominated the behavioural economics landscape in the last decade. This study gathers data from 240 subjects exposed to variants of two of the major experimental games - dictator and trust - that are employed to provide important empirical content to...
Persistent link: https://www.econbiz.de/10005656285
The paper aims at studying determinants of schooling in traditional hierarchical societies confronted with an established history of outmigration. In the village, a ruling caste controls local political and religious institutions. For children who do not belong to the ruling caste, migration is...
Persistent link: https://www.econbiz.de/10008925714