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National and international income dispersion and aggregate expenditures

Fillat Castejón, Carmen; Francois, Joseph F. - 2004

consumption-pattern based inequality index that summarizes the projection of inequality through expenditure patterns. Estimation …

Persistent link: https://www.econbiz.de/10011338007

Reconciling consumption inequality with income inequality

Lepetyuk, Vadym; Stoltenberg, Christian - 2013

Persistent link: https://www.econbiz.de/10010191294

Saving and habit formation : evidence from Dutch panel data

Alessie, Rob; Teppa, Federica - 2002

This paper focuses on the role of habit formation in individual preferencesover consumption and saving. We closely relate to Alessie and Lusardi's(1997) model as we estimate a model which is based on their closed-formsolution, where saving is expressed as a function of lagged saving and...

Persistent link: https://www.econbiz.de/10011327546

House prices, second mortgages and household savings : an empirical investigation for the Netherlands, 1987 - 1994

Rouwendal, Jan; Alessie, Rob - 2002

paper we study the effect of this developmenton the demand for second mortgages and on the savings of Dutch households. We …) the savings of renters that may be considered as would-beowners. We find a significant effect of home equity on the demand … for second mortgages.Savings of homeowners decrease when house prices accelerate. We find no evidence that inc …

Persistent link: https://www.econbiz.de/10011327548

House prices, second mortgages and household savings - an empirical investigation for the Netherlands, 1987 - 1994

Rouwendal, Jan; Alessie, Rob - 2002

Persistent link: https://www.econbiz.de/10001689352

Saving and habit formation: evidence from Dutch panel data

Alessie, Rob; Teppa, Federica - 2002

Persistent link: https://www.econbiz.de/10001689444

Idiosyncratic labour income risk and aggregate consumption : an unobserved component approach

Pozzi, Lorenzo - 2007

We investigate the importance of aggregate and consumer-specific or idiosyncratic labour income risk for aggregate consumption changes in the US over the period 1952-2001. Theoretically, the effect of labour income risk on consumption changes is decomposed into an aggregate and into an...

Persistent link: https://www.econbiz.de/10011372981

Advance information and consumption insurance : evidence from panel data

Pedroni, Marcelo; Singh, Swapnil; Stoltenberg, Christian - 2022 - Preliminary, April 15, 2022

incomplete markets model and find that advance information reduces households' income forecast errors by 15%. Our estimation …

Persistent link: https://www.econbiz.de/10013186823

The time-varying volatility of earnings and aggregate precautionary savings

Pozzi, Lorenzo - 2011

Persistent link: https://www.econbiz.de/10009720736

Household inequality, welfare, and the setting of trade policy

Francois, Joseph F.; Rojas-Romagosa, Hugo - 2004

We analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing social welfare into real income level and variance components through Gini and Atkinson indexes. We embed these inequality-adjusted social welfare functions in a general...

Persistent link: https://www.econbiz.de/10011337398

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