Narrow search
Showing 1 - 10 of 229
Cover Image
Real Wage Cyclicality in Italy
Peng, Fei; Siebert, W. Stanley - Institute for the Study of Labor (IZA) - 2006
This paper analyzes the cyclical behaviour of male real wages in Italy using the European Community Household Panel …. Stayers are the large majority. We find stayers in Northern Italy to have high cyclicality of real wages, higher in fact than … the North of Italy operate much more competitively than in the Centre and South. …
Persistent link: https://www.econbiz.de/10005233748
Cover Image
Does Greater Inequality Lead to More Household Borrowing? New Evidence from Household Data
Coibion, Olivier; Gorodnichenko, Yuriy; Kudlyak, Marianna; … - Institute for the Study of Labor (IZA) - 2014
One suggested hypothesis for the dramatic rise in household borrowing that preceded the financial crisis is that low … households. Using household level data on debt accumulation during 2001-2012, we show that low-income households in high …
Persistent link: https://www.econbiz.de/10010884200
Cover Image
Should Unemployment Insurance Be Asset-Tested?
Koehne, Sebastian; Kuhn, Moritz - Institute for the Study of Labor (IZA) - 2013
We study asset-tested unemployment insurance in an incomplete markets model with moral hazard during job search. Asset testing has two counteracting effects on welfare. On the one hand, it improves consumption insurance by introducing state contingent transfers to agents most in need. On the...
Persistent link: https://www.econbiz.de/10010884271
Cover Image
Savings and Prize-Linked Savings Accounts
Atalay, Kadir; Bakhtiar, Fayzan; Cheung, Stephen L.; … - Institute for the Study of Labor (IZA) - 2012
Many households have insufficient savings to handle moderate and routine consumption shocks. Many of these financially fragile households also have the highest lottery expenditures as a proportion of income. This combination suggests that Prize-Linked Savings (PLS) accounts, that combine...
Persistent link: https://www.econbiz.de/10010959657
Cover Image
Behind the Great Recession: Job Search and Housing Decisions
Rendon, Silvio; Quella, Núria - Institute for the Study of Labor (IZA) - 2013
In this paper we analyze a mechanism that is particularly relevant to the workings of the Great Recession: we explain how easier home financing and higher homeownership rates increase unemployment rates. To this purpose we build a model of job search with liquid wealth accumulation and...
Persistent link: https://www.econbiz.de/10011212745
Cover Image
The Risk of Divorce and Household Saving Behavior
Gonzalez, Libertad; Özcan, Berkay - Institute for the Study of Labor (IZA) - 2008
We analyze the impact of an increase in the risk of divorce on the saving behaviour of married couples. From a theoretical perspective, the expected sign of the effect is ambiguous. We take advantage of the legalization of divorce in Ireland in 1996 as an exogenous increase in the likelihood of...
Persistent link: https://www.econbiz.de/10005233842
Cover Image
Why Are Saving Rates of Urban Households in China Rising?
Chamon, Marcos; Prasad, Eswar - Institute for the Study of Labor (IZA) - 2007
From 1995 to 2005, the average urban household saving rate in China rose by 8 percentage points, to about one quarter … of disposable income. We use household-level data to explain why households are postponing consumption despite rapid …
Persistent link: https://www.econbiz.de/10005247694
Cover Image
Interpreting Time Horizon Effects in Inter-Temporal Choice
Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - Institute for the Study of Labor (IZA) - 2012
We compare different designs that have been used to test for an impact of time horizon on discounting, using real incentives and two representative data sets. With the most commonly used type of design we replicate the typical finding of declining (hyperbolic) discounting, but with other designs...
Persistent link: https://www.econbiz.de/10009652536
Cover Image
The Disappearing Gender Gap: The Impact of Divorce, Wages, and Preferences on Education Choices and Women's Work
Fernández, Raquel; Wong, Joyce Cheng - Institute for the Study of Labor (IZA) - 2011
Women born in 1935 went to college significantly less than their male counterparts and married women's labor force participation (LFP) averaged 40% between the ages of thirty and forty. The cohort born twenty years later behaved very differently. The education gender gap was eliminated and...
Persistent link: https://www.econbiz.de/10009353427
Cover Image
Income Uncertainty and Household Savings in China
Chamon, Marcos; Liu, Kai; Prasad, Eswar - Institute for the Study of Labor (IZA) - 2010
China's household saving rate has increased markedly since the mid-1990s and the age-saving profile has become U … permanent variance of household income was stable, the transitory variance rose sharply. Based on these estimates, we calibrate … household savings rate and the U-shaped age-profile of savings. …
Persistent link: https://www.econbiz.de/10008742952