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representative micro data on household consumption expenditures. We find that disadvantaged caste groups such as Other Backward … spend eleven percent less, after controlling for differences in permanent income and demographic composition of households …We examine spending on consumption items which have signaling value in social interactions across groups with …
Persistent link: https://www.econbiz.de/10008805626
repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable lifecycle … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in … consumption inequality did not increase much over this period. Our results support the view that many permanent changes in income …
Persistent link: https://www.econbiz.de/10005703321
This paper models the relationship between income and reported well-being using latent class techniques applied to … panel data from twelve European countries. Introducing both intercept and slope heterogeneity into this relationship, we … strongly reject the hypothesis that individuals transform income into well-being in the same way. We show that both individual …
Persistent link: https://www.econbiz.de/10005763608
is entirely driven by an increase in mortality among low income individuals, who are more likely to experience liquidity …
Persistent link: https://www.econbiz.de/10010886134
with household income. The paper uses household economic panel data from five countries – Australia, Britain, Germany … countries wealth affects life satisfaction more than income. In the countries for which consumption data are available (Britain … and Hungary), non-durable consumption expenditures also prove at least as important to happiness as income. Further …
Persistent link: https://www.econbiz.de/10005763522
Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality and find that inequality … shocks. The response of consumption to permanent and transitory income shocks becomes weaker later in the sample, consistent …We construct key household and individual economic variables using a panel micro data set from the Russia Longitudinal …
Persistent link: https://www.econbiz.de/10005004571
inequality in the US and provide a basis for weighing the relative decline in earnings and consumption for the less educated …
Persistent link: https://www.econbiz.de/10011128024
We analyze the effect of mothers' and youths' reports of family financial stress and conflict on youths' transitions into adult roles. We find that mothers’ reports of financial stresses and borrowing constraints are associated with earlier transitions to inactivity and public assistance,...
Persistent link: https://www.econbiz.de/10008558929
-being inside couples. To our knowledge, this effect has never been taken into account by existing economic models of the household …
Persistent link: https://www.econbiz.de/10008514856
This article considers non-unitary models of household behavior. These models suppose explicitly that households … household behavior in these models are subject to constraints that differ from the traditional Slutsky conditions. In addition …, in a certain number of specific cases, the preferences of the different household members can be identified from …
Persistent link: https://www.econbiz.de/10008514861