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Consumption inequality and family labor supply
Blundell, Richard; Pistaferri, Luigi; Saporta-Eksten, Itay - 2012
In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that …
Persistent link: https://www.econbiz.de/10010290017
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Innocent bystanders? Monetary policy and inequality in the US
Coibion, Olivier; Gorodnichenko, Yuriy; Kueng, Lorenz; … - 2012
We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the … United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total … historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we …
Persistent link: https://www.econbiz.de/10010287628
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Consumption inequality and family labor supply
Blundell, Richard W.; Pistaferri, Luigi; … - 2012
Persistent link: https://www.econbiz.de/10009664212
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Growing up in a recession: beliefs and the macroeconomy
Giuliano, Paola; Spilimbergo, Antonio - 2009
Do generations growing up during recessions have different socio-economic beliefs than generations growing up in good times? We study the relationship between recessions and beliefs by matching macroeconomic shocks during early adulthood with self-reported answers from the General Social Survey....
Persistent link: https://www.econbiz.de/10010269481
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Growing up in a recession : beliefs and the macroeocnomy
Giuliano, Paola; Spilimbergo, Antonio - 2009
Persistent link: https://www.econbiz.de/10003879893
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Heterogeneous life-cycle profiles, income risk and consumption inequality
Primiceri, Giorgio E.; van Rens, Thijs - 2007
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of …-cycle changes, transitory and permanent shocks and estimate the contribution of each to total inequality. Our model fits the joint … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …
Persistent link: https://www.econbiz.de/10010276396
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Happiness and the persistence of income shocks
Bayer, Christian; Juessen, Falko - 2012
. In line with this theory, we find that persistent shocks have a significant impact on happiness while transitory shocks … do not. This has consequences also for inference about the happiness effect of employment. We find that employment per se … is rather associated with a decline in happiness. …
Persistent link: https://www.econbiz.de/10010283993
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School shootings and student performance
Poutvaara, Panu; Ropponen, Olli - 2010
In this paper, we study how high school students reacted to the shocking news of a school shooting. The shooting coincided with national high-school matriculation exams. As there were exams both before and after the shooting, we can perform a difference-in-differences analysis to uncover how the...
Persistent link: https://www.econbiz.de/10010269845
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How disasters affect local labor markets: the effects of hurricanes in Florida
Belasen, Ariel R.; Polachek, Solomon W. - 2007
Exogenous shocks often impact a local labor market more than at the national level. This study improves upon the standard Difference in Difference (DD) approach by examining exogenous shocks using a Generalized Difference in Difference (GDD) econometric approach that identifies the effects of...
Persistent link: https://www.econbiz.de/10010268260
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Income volatility and health
Halliday, Timothy J. - 2007
We investigate the impact of exogenous income fluctuations on health using twenty years of data from the Panel Study of Income Dynamics using techniques from the literature on the estimation of dynamic panel data models. Contrary to much of the previous literature on health and socio-economic...
Persistent link: https://www.econbiz.de/10010268659