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study household savings and expenditure adjustment from an unexpected, large-scale and rapidly evolving political shock that … occurred largely in May 1989 in Beijing, China. Using monthly micro panel data, we present evidence that a surge in political … uncertainty resulted in significant temporary increases in savings among urban households in China. Households responded mainly by …
Persistent link: https://www.econbiz.de/10010457397
Norwegian household data for 1994. For any given tax rule, the estimated model can be used to simulate the choices made by …
Persistent link: https://www.econbiz.de/10003502667
maximization of household welfare rests on the convexity of the budget sets. However, both the actual tax systems and the tax … specification might provide a reasonable approximation to the current intra-household allocation choices under the current tax rule …
Persistent link: https://www.econbiz.de/10010477880