Showing 1 - 10 of 314
a fall in their asset income by saving more out of their labor income, dollar-for-dollar. In the wake of the crisis, our …
Persistent link: https://www.econbiz.de/10008528609
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
€˜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 Selected Issues paper reviews the extent to which growth in Ethiopia has translated into higher living standards. A key feature of the economic strategy has been an explicit commitment to poverty reduction and structural transformation. This is underpinned by the vision of a...
Persistent link: https://www.econbiz.de/10011244172
This 2013 Article IV Consultation highlights that recent macroeconomic developments in The Federal Democratic Republic of Ethiopia are encouraging, with a significant deceleration in inflation and continued robust economic growth. Despite significant decline in coffee prices and supply...
Persistent link: https://www.econbiz.de/10011245705
This paper focuses on two central issues related to the contrasting experiences of Malaysia and Pakistan regarding poverty reduction. First, it examines the structure of economic growth and its proximate determinants in the two countries, including the initial conditions, institutional changes,...
Persistent link: https://www.econbiz.de/10005248163
Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on … the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmission and income inequality … capability, better governance and institutions, technological symmetry and social acceptance-causes income to increase and income …
Persistent link: https://www.econbiz.de/10005264015
This paper examines the macroeconomic implications of life-cycle and dynastic saving behavior for closed and small, open economies. Using an extended version of Blanchard’s overlapping agents model, the analytical framework nests these two competing views, treating agents as either dynastic...
Persistent link: https://www.econbiz.de/10005826319
This paper reviews the Latin American experience with the implementation of 1993 SNAand the updating of the national accounts' base year. It also makes a preliminary assessment of the possible estimation biases in nominal GDP estimates stemming from the use of outdated national accounts base...
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