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I use a consumption-based test to examine the importance of income constraints and the degree of capital mobility … financial markets are highly integrated, but that the consumption behavior of a significant part of the Nordic population is … constrained by income. There is no evidence that financial deregulation altered the consumption behavior of households or …
Persistent link: https://www.econbiz.de/10005634535
savings. The purpose of this paper is to provide additional insights into the individual household's consumption decision and …During the last decade most western economies have experienced large and unexpected fluctuations in consumption and … thereby increase the knowledge of what governs these important macro variables. A consumption equation is estimated on Swedish …
Persistent link: https://www.econbiz.de/10005669545
In this paper, we study the short-run effect of salary receipt on mortality among Swedish public sector employees. By using data on variation in pay-days across work-places, we completely control for mortality patterns related to, for example, public holidays and other special days or events...
Persistent link: https://www.econbiz.de/10010945095
We extend a standard taxable income model with its typical functional-form assumptions to account for nonlinear budget sets. We propose a new method to estimate a taxable income elasticity that is more policy relevant than the typically estimated elasticity based on linearized budget sets. Using...
Persistent link: https://www.econbiz.de/10011124338
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tax. The analysis is performed in a model economy with two types of individuals and two types of consumption goods. The … from the total consumption of the dirty good. It turns out that the optimal tax structure depends on the complementarity or …
Persistent link: https://www.econbiz.de/10005779746
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