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Macroeconomic effects of disruptions in global food commodity markets : evidence for the United States
De Winne, Jasmien; Peersman, Gert - 2016
household consumption. …
Persistent link: https://www.econbiz.de/10011565633
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Did US consumers 'save for a rainy day' before the Great Recession?
Anundsen, André Kallåk; Nymoen, Ragnar - 2015
The 'saving for a rainy day' hypothesis implies that households' saving decisions reflect that they can (rationally) predict future income declines. The empirical relevance of this hypothesis plays a key role in discussions of fiscal policy multipliers and it holds under the null that the...
Persistent link: https://www.econbiz.de/10010518800
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Family-specific investments and divorce : a theory of dynamically inconsistent household behavior
Anderberg, Dan; Rainer, Helmut; Roeder, Kerstin - 2016
-inconsistent preferences. In our model, hyperbolic discounting couples engage in household production activities, thereby accumulating family … standard models of household behavior. Examples include: marriage contracts that serve as barriers to hasty divorces (e …
Persistent link: https://www.econbiz.de/10011509239
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Fiscal policy and households' inflation expectations : evidence from a randomized control trial
Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2021
primary surpluses should lead households to anticipate this higher inflation. Are household inflation expectations sensitive …
Persistent link: https://www.econbiz.de/10012437870
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Does policy communication during COVID work?
Coibion, Olivier; Gorodnichenko, Yuriy; Weber, Michael - 2020
Using a large-scale survey of U.S. households during the Covid-19 pandemic, we study how new information about fiscal and monetary policy responses to the crisis affects households' expectations. We provide random subsets of participants in the Nielsen Homescan panel with different combinations...
Persistent link: https://www.econbiz.de/10012231514
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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 … between the 25th and 75th percentile of the distribution. The household data also reveal that the paths of income and wealth …
Persistent link: https://www.econbiz.de/10011717045
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Forward guidance and household expectations
Coibion, Olivier; Georgarakos, Dimitris; Gorodnichenko, … - 2020 - This Draft: February 10th, 2020
. Information treatments about current and next year's interest rates have a strong effect on household expectations but treatments …
Persistent link: https://www.econbiz.de/10012171803
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Income taxes and the mobility of the rich : evidence from US and UK households in Switzerland
Köthenbürger, Marko; Naguib, Costanza; Stettler, Christian - 2023
We provide quasi-experimental evidence on the income tax-induced migration of foreign high-income households living in Switzerland by exploiting the differential tax treatment of UK and US households. While the two groups are similar in terms of non-tax sorting preferences, US households are...
Persistent link: https://www.econbiz.de/10014251885
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Inflation hedging on main street? : evidence from retail TIPS fund flows
Nagel, Stefan; Yan, Zhen - 2022
-based inflation expectations measures increase. Changes in household survey expectations or in measures of inflation uncertainty do …
Persistent link: https://www.econbiz.de/10013463289
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Can a growing world be fed when the climate is changing?
Dietz, Simon; Lanz, Bruno - 2019 - This version: November 2019
We study the capacity to meet food demand under conditions of climate change, economic and population growth. We take a novel approach to quantifying climate impacts, based on a model of the global economy structurally estimated on the period 1960 to 2015. The model integrates several features...
Persistent link: https://www.econbiz.de/10012138747