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Intra-household insurance and the intergenerational transmission of income risk

Agostinelli, Francesco; Ferraro, Domenico; Qiu, Xincheng; … - 2024

This paper studies the mechanisms and the extent to which parental wage risk passes through to children's skill … not work at all, time spent with children, and child-related expenditures, we find that income risk impacts skill … accumulation, permanently lowering children's skill levels. To the extent that making up for cognitive skill losses during …

Persistent link: https://www.econbiz.de/10014464298

Does size matter? : the impact of changes in household structure on income distribution in Germany

Peichl, Andreas; Pestel, Nico; Schneider, Hilmar - 2010

Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood as an increase in inequality of wages due to changes in bargaining power of employees. However, the role of changing household structure is widely neglected. Societal trends...

Persistent link: https://www.econbiz.de/10008698414

Sri Lankan households a decade after the Indian Ocean tsunami

De Alwis, Diana; Noy, Ilan - 2016

We estimate the causal effect of the Indian Ocean tsunami in Sri Lanka on household income and consumption eight years after the event, using a quasi-experimental method. A strong association between area-wide tsunami disaster shock and increases in household income and consumption in the...

Persistent link: https://www.econbiz.de/10011547958

Buffer-stock saving and households' response to income shocks

Fella, Giulio; Frache, Serafin; Koeniger, Winfried - 2016

We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information contained in the joint dynamics of income,...

Persistent link: https://www.econbiz.de/10011551036

Non-parametric preprocessing for the estimation of equivalence scales

Dudel, Christian; Garbuszus, Jan Marvin; Ott, Notburga; … - 2014

Empirically analyzing household behavior usually relies on informal data preprocessing. That is, before an econometric model is estimated, observations are selected in such a way that the resulting subset of data can be assumed to be sufficiently homogeneous with respect to the specific research...

Persistent link: https://www.econbiz.de/10010458584

Household bargaining and the design of couples' income taxation

Cremer, Helmuth; Lozachmeur, Jean-Marie; Maldonado, Darío - 2015

This paper studies the design of couples' income taxation. Consumption and labor supply decisions within the couple are made by maximizing a weighted sum of the spouses’ utilities; bargaining weights are given but specific to each couple. The information structure and labor supply decisions...

Persistent link: https://www.econbiz.de/10010479336

Equity fund ownership and the cross-regional diversification of household risk

Becker, Sascha O. (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003630847

The anatomy of the global saving glut

Bauluz, Luis; Novokmet, Filip; Schularick, Moritz - 2022

This paper provides a household-level perspective on the rise of global saving and wealth since the 1980s. We calculate asset-specific saving flows and capital gains across the wealth distribution for the G3 economies – the U.S., Europe, and China. In the past four decades, global saving...

Persistent link: https://www.econbiz.de/10013187481

Income and wealth inequality in America, 1949-2013

Kuhn, Moritz; Schularick, Moritz; Steins, Ulrike I. - 2017

This paper studies the distribution of U.S. household income and wealth over the past seven decades. We introduce a newly compiled household-level dataset based on archival data from historical waves of the Survey of Consumer Finances (SCF). Complementing recent work on top income and wealth...

Persistent link: https://www.econbiz.de/10011717045

Gender norms and income misreporting within households

Roth, Anja; Slotwinski, Michaela - 2018

We revisit the prominent finding that women's incomes are disproportionally often observed just below the income of their partner. So far, this bunching has been explained by couple formation or couples' labor market decisions. We propose an additional mechanism: income misreporting in surveys....

Persistent link: https://www.econbiz.de/10011924589