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analysed, and the savings rate links income and consumption, while capital accumulation is the central mechanism linking income …
Persistent link: https://www.econbiz.de/10014454772
This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada …. The cointegration analysis vindicates the existence of a long-run relationship between these two variables. This finding … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …
Persistent link: https://www.econbiz.de/10011528837
"traditional" registered pension plan or RPP, a "flexible" group registered retirement savings plan or group RRSP, and a "hybrid …
Persistent link: https://www.econbiz.de/10011997334
developing country. Cointegration analysis is carried out for the aggregate and gender and age specific series. The findings …
Persistent link: https://www.econbiz.de/10010477879
This paper assesses the relationship between government and manufacturing wages. We find that the long-run relation between the two wages is stronger when the government is a large employer. Manufacturing wages are better aligned with productivity and unemployment when public wages, to which...
Persistent link: https://www.econbiz.de/10011480768
, savings, length of stay in the U.S., and citizenship status affect the probability of homeownership before the recession and …
Persistent link: https://www.econbiz.de/10009763229
This paper analyzes the relationship between individuals' locus of control and their savings behavior, i.e. wealth … accumulation, savings rates, and portfolio choices. Locus of control is a psychological concept that captures individuals' beliefs …-of-control gap in savings rates is largest among rich households, the gap in wealth accumulation is particularly large for poor …
Persistent link: https://www.econbiz.de/10010228778
Partnering with a savings product provider in Kenya, we tested the extent to which behavioral interventions and … participants were asked to keep track of their weekly deposits (3) a match of weekly savings: The match was either 10% or 20% up to …
Persistent link: https://www.econbiz.de/10011497226
In this paper we analyze a mechanism that is particularly relevant to the workings of the Great Recession: we explain how easier home financing and higher homeownership rates increase unemployment rates. To this purpose we build a model of job search with liquid wealth accumulation and...
Persistent link: https://www.econbiz.de/10010222189
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