health and wealth are jointly determined under income and health risk that are related to disease outbreak risk. We calibrate … and/or with lower wealth. These changes lead to inequality in exposure to post-pandemic income risk and, in particular, an … distributions of health and wealth, leading to differences in the ability to mitigate future income shocks. We study consumption …

We develop a financial-economic model for carbon pricing with an explicit representation of decision making under risk … specifications. We show that risk associated with high damages in the long term leads to stringent mitigation of carbon dioxide … emissions in the near term. Our results provide insight into how a systematic incorporation of climate-related risk influences …

welfare maximizing tax structure. We calibrate the model to German household data and a 30 percent emission reduction goal … revenue via household-specific transfers is the first-best policy. Equal per-capita transfers do not suffer from informational …

household-level data. After controlling for a series of variables such as income, risk attitude, financial literacy, and …This paper investigates the impact of public employment on household saving rates in China using representative … to a better understanding of Chinese household saving rates, which is of great importance given their extremely high …

investigate this, we estimate an EASI demand system from German household data and a labour supply schedule, using wage data, and …

In this paper we consider an empirical collective household model of time allocation for two-earner households. The … novelty of this paper is that we estimate a version of the collective household model, where the internally produced goods and … are equally weighted in the household utility function; (3) Differences in the ratio of the partners' hourly wages are …

expectations and planned behavior. Wealth shocks are associated with upward adjustments of expectations about retirement age …, desired working hours, and household debt, but have only small effects on expected spending. We provide correlational and … wealth and their planned investment decisions and labor market activity. Our findings shed light on the implications of …

. Information treatments about current and next year's interest rates have a strong effect on household expectations but treatments …