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Heterogeneous life-cycle profiles, income risk and consumption inequality

Primiceri, Giorgio E.; Rens, Thijs van - Department of Economics and Business, Universitat … - 2006

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 decompose idiosyncratic changes in income into predictable life … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …

Persistent link: https://www.econbiz.de/10005771959

Inequality over the business cycle: Estimating income risk using micro-data on consumption

Primiceri, Giorgio; Rens, Thijs van - Department of Economics and Business, Universitat … - 2002

We use CEX repeated cross-section data on consumption and income, to evaluate the nature of increased income inequality … for cyclical behavior of consumption risk, casting doubt on Constantinides and Duffie’s (1995) explanation for the equity …

Persistent link: https://www.econbiz.de/10005772245

The rise and decline of children's labour participation levels during the early stages of industrialisation. Catalonia (1850-1925)

Camps, Enriqueta - Department of Economics and Business, Universitat … - 2003

This article aims to analyse the reasons for the intensive use of child labour in the 19th century and its subsequent decline in the first third of the 20th century in the context of an economy with a highly flexible labour supply like that of Catalonia. During the second half of the 19th...

Persistent link: https://www.econbiz.de/10005772184

Gender specialization in households: An empirical analysis

Ortega, Francesc; Tanaka, Ryuichi - Department of Economics and Business, Universitat … - 2007

This paper studies the effect of parental education on the educational attainment of children in the US for cohorts born after 1910. Importantly, we allow for cohort-specific differences by gender. Our estimates show that paternal education has been more important for the attainment of male...

Persistent link: https://www.econbiz.de/10005772388

Design effect and interviewer effects: Evidence from the Spanish ESS3-2006 Data

Cuxart, Anna - Department of Economics and Business, Universitat … - 2011

In 2007 the first Quality Enhancement Meeting on sampling in the European Social Survey (ESS) took place. The discussion focused on design effects and inteviewer effects in face-to-face interviews. Following the recomendations of this meeting the Spanish ESS team studied the impact of...

Persistent link: https://www.econbiz.de/10008804607

Hot vs. cold: Sequential responses and preference stability in experimental games

Brandts, Jordi; Charness, Gary - Department of Economics and Business, Universitat … - 1998

In experiments with two-person sequential games we analyze whether responses to favorable and unfavorable actions depend on the elicitation procedure. In our “hot” treatment the second player responds to the first player’s observed action while in our “cold” treatment we follow the...

Persistent link: https://www.econbiz.de/10005572605

The effects of a universal child benefit

Luna, Libertad González - Department of Economics and Business, Universitat … - 2011

expenditure or their consumption of directly child-related goods and services. Instead, eligible mothers stayed out of the labor …

Persistent link: https://www.econbiz.de/10009323412

Measuring time-varying economic fears with consumption-based stochastic discount factors

Nieto, Belén; Rubio, Gonzalo - Department of Economics and Business, Universitat … - 2007

This paper analyzes empirically the volatility of consumption-based stochastic discount factors as a measure of …, future stock market cycles are better explained by a similar stochastic discount factor with long-run consumption growth … specification with contemporaneous consumption growth. …

Persistent link: https://www.econbiz.de/10005704896

Job search and asset accumulation under borrowing constraints

Rendon, Silvio - Department of Economics and Business, Universitat … - 2002

consumption by running down their assets, while the employed save to buffer against future unemployment spells. I also show that …

Persistent link: https://www.econbiz.de/10005772343

Reprisals remembered: German-Greek conflict and car sales during the Euro crisis

Fouka, Vasiliki; Voth, Joachim - Department of Economics and Business, Universitat … - 2012

During the Greek debt crisis after 2010, the German government insisted on harsh austerity measures. This led to a rapid cooling of relations between the Greek and German governments. We compile a new index of public acrimony between Germany and Greece based on newspaper reports and internet...

Persistent link: https://www.econbiz.de/10010933540