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the change in wealth over the period. The goal of this paper is to examine the advantages and difficulties of using this … on income and wealth to other administrative data with information on financial and real estate transactions. Using this …
Persistent link: https://www.econbiz.de/10012801071
households from administrative records of income and wealth. Expenditure surveys tend to suffer from limited sample sizes and …
Persistent link: https://www.econbiz.de/10011968601
Using Norwegian administrative data, we study how sizable lottery prizes affect household expenditure and savings. Expenditure responses (MPCs) spike in the year of winning, with a mean estimate of 0.35, and thereafter fall markedly. Controlling for all items on the household balance sheet and...
Persistent link: https://www.econbiz.de/10011968622
Strong intergenerational correlations in wealth have fueled a long-standing debate over why children of wealthy parents … tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation … data set with detailed information on disaggregated wealth portfolios and socioeconomic characteristics. The mechanism by …
Persistent link: https://www.econbiz.de/10011968583
A common approach to defining equivalence scales is to consider a household modelled as if it maximizes a single utility function. This may be founded on an assumption of the household maximizing a welfare function of individual utilities. For a positive analysis of the household, this may be...
Persistent link: https://www.econbiz.de/10011968066
This article studies environmental and distributional effects from a differentiated tax system on a set of disaggregated transportation goods. Empirical examination on Norwegian data indicates that higher tax rates on high-pollution luxury modes of transportation such as air flights and taxis...
Persistent link: https://www.econbiz.de/10011968091
This article describes the consumption model and inequality study of Chapter 2 in the author's unpublished Ph.D. dissertation submitted at the Dept. of Economics, University of California, Berkeley. The Norwegian Research Council and Statistics Norway financed the project; project no....
Persistent link: https://www.econbiz.de/10011968095
The primus inter pares of the UN Millennium Development Goals is to reduce poverty. The only internationally accepted method of estimating poverty requires a measurement of total consumption based on a time and resource demanding household budget or integrated survey over 12 months. Rather than...
Persistent link: https://www.econbiz.de/10011968185
Indirect taxes on transportation activities that pollute can correct externalities and close the gaps between private and social costs. However, policy makers often find such Pigou taxes difficult to implement because of political resistance due to possibly adverse affects on equity. For this...
Persistent link: https://www.econbiz.de/10011968198
Mothers of preschool children represent one part of the population that might be able to increase its labor supply. We discuss effects of family policy changes that encourage the labor supply of these mothers, as child care fee reductions and increased availability of center-based care. Effects...
Persistent link: https://www.econbiz.de/10011968220