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When do remittances facilitate asset accumulation? : the importance of remittance income uncertainty
Amuedo Dorantes, Catalina; Pozo, Susan - 2014
A sizable literature has concluded that remittances impact the expenditure patterns of households. We explore how the uncertainty of remittance income inflows affects the accumulation of human, physical and financial assets of Mexican households, while accounting for the level of transfers from...
Persistent link: https://www.econbiz.de/10010250041
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The subjective inflation expectations of households and firms : measurement, determinants, and implications
Weber, Michael; D'Acunto, Francesco; Gorodnichenko, Yuriy; … - 2022
Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...
Persistent link: https://www.econbiz.de/10013271201
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Household saving and full consumption over the life cycle
Apps, Patricia; Rees, Ray - 2001
This paper extends the standard model of life cycle consumption, saving and labor supply in a number of directions. First, it argues that consumption should be defined as expenditure on household production as well as on market goods, that is, we are interested in life cycle profiles of full...
Persistent link: https://www.econbiz.de/10011401086
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Should unemployment insurance be asset-tested?
Koehne, Sebastian; Kuhn, Moritz - 2013
We study asset-tested unemployment insurance in an incomplete markets model with moral hazard during job search. Asset testing has two counteracting effects on welfare. On the one hand, it improves consumption insurance by introducing state contingent transfers to agents most in need. On the...
Persistent link: https://www.econbiz.de/10009766145
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Buffer-stock saving and households' response to income shocks
Fella, Giulio; Frache, Serafin; Koeniger, Winfried - 2016
We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information contained in the joint dynamics of income,...
Persistent link: https://www.econbiz.de/10011572286
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Time savings when working from home
Aksoy, Cevat Giray; Barrero, Jose Maria; Bloom, Nicholas; … - 2023
We quantify the commute time savings associated with work from home, drawing on data for 27 countries. The average … daily time savings when working from home is 72 minutes in our sample. We estimate that work from home saved about two hours …. Workers allocate 40 percent of their time savings to their jobs and about 11 percent to caregiving activities. People living …
Persistent link: https://www.econbiz.de/10013499524
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Oportunidades : program effect on consumption, low participation, and methodological issues
Angelucci, Manuela; Attanasio, Orazio P. - 2009
In this paper we estimate the effect of the Mexican conditional cash transfer program, Oportunidades, on consumption, and we explore some issues related to participation to the program and to the estimation of treatment effects. We discuss the comparability of treatment and control areas,...
Persistent link: https://www.econbiz.de/10003902804
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New evidence on the role of remittances on health care expenditures by Mexican households
Amuedo Dorantes, Catalina; Pozo, Susan - 2009
Using Mexico's 2002 wave of the Encuesta Nacional de Ingresos y Gastos de los Hogares (ENIGH), we find that … households with and without health care coverage. -- Remittances ; health care ; household expenditures ; Mexico …
Persistent link: https://www.econbiz.de/10003925513
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Transitory income changes and consumption smoothing: evidence from Mexico
Angelucci, Manuela; Chiapa, Carlos; Prina, Silvia; … - 2021
We study how 3,534 beneficiaries of PROSPERA, Mexico's cash transfer program, smooth food consumption around the …
Persistent link: https://www.econbiz.de/10012550048
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Consumption and leisure : the welfare impact of migration on family left behind
Murard, Elie - 2016
terms of both consumption and leisure time. Drawing on household panel data in rural Mexico, I find that migration increases …
Persistent link: https://www.econbiz.de/10011572022