Showing 1 - 10 of 314
This paper uses Engel curves to estimate real income growth in Brazil. The estimated per capita household real income …, implying a marked reduction in "real" inequality. This finding challenges the conventional wisdom that post-reform real income …
Persistent link: https://www.econbiz.de/10005768765
estimate the income growth implied by the evolution of food demand and durable good ownership in post-reform Brazil and Mexico … attributed to biases in the price deflator. The estimated unmeasured income gains are higher for poorer households, implying … marked reductions in "real" inequality. These findings challenge the conventional wisdom that post-reform income growth was …
Persistent link: https://www.econbiz.de/10005769214
income. We use household-level data to explain the postponing of consumption despite rapid income growth. Tracing cohorts …
Persistent link: https://www.econbiz.de/10011123886
This paper estimates the household income growth rates implied by food demand in a sample of urban Chinese households … in 1993–2005. Our estimates, based on Engel curves for food consumption, indicate an average per capita income growth …
Persistent link: https://www.econbiz.de/10011142159
demonstrates how households with consistently lower income, which have shown growth in the years prior to the crisis, experienced …
Persistent link: https://www.econbiz.de/10011244682
accounts' base year. It also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming …
Persistent link: https://www.econbiz.de/10005768868
then applies a generational accounting framework to Chinese household income survey data. This analysis suggests that a …
Persistent link: https://www.econbiz.de/10008470372
larger has been the role of the declining share of household income in national income, which has occurred across …-the-board in wages, investment income, and government transfers. The paper finds that financial sector weaknesses, by restricting … income shares low and on a declining trend. …
Persistent link: https://www.econbiz.de/10005768788
€˜buffer stock’ model of optimal consumption in the presence of labor income uncertainty and credit constraints. Saving in the model …
Persistent link: https://www.econbiz.de/10011242291
This paper examines the role increasing personal wealth and home equity withdrawal (HEW) have had in the decline in the personal saving rate in the United States. It does so by comparing the U.S. experience with those of Australia, Canada, and the United Kingdom. Mortgage market liberalization...
Persistent link: https://www.econbiz.de/10005263776