Showing 1 - 10 of 338
labor demand and the wage bargaining process. The analysis of the interaction of shock spillovers and benefit system focuses …
Persistent link: https://www.econbiz.de/10011415263
(output, consumption, and investment) and financial variables (equity and house prices, and interest rates). We find that the …
Persistent link: https://www.econbiz.de/10012178610
transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX … repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable life … 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/10003656884
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use panel data on family income, and an index of investments in children in time and goods, from the Children of the National Longitudinal Survey of Youth. Consistent with the...
Persistent link: https://www.econbiz.de/10010510508
actions to mitigate the direct impact of the shock. In this paper, we use nine years of longitudinal data from the Household …
Persistent link: https://www.econbiz.de/10011517445
This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During … household which experiences an exogenous shock of 10% of its total income changes both its food and total non … wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households …
Persistent link: https://www.econbiz.de/10011405709
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, consumption and wealth to quantify the degree of insurance against income risk. The … of a permanent income shock. Compared to existing empirical estimates for the same dataset, our findings suggest that …
Persistent link: https://www.econbiz.de/10011572286
terms of both consumption and leisure time. Drawing on household panel data in rural Mexico, I find that migration increases … non-migrants' consumption, but that this consumption gain cannot be explained by labor supply adjustments. Migration …
Persistent link: https://www.econbiz.de/10011572022
We use 1995, 2002 and 2013 CHIP data to investigate the urban household consumption expenditure inequality. The overall … inequality of urban household consumption expenditure measured by Gini coefficient slightly decreases from 0.33 in 1995 to 0 …, the percentile ratio of p90/p10 shows that consumption inequality increases all the time. Besides, the inequality of basic …
Persistent link: https://www.econbiz.de/10011762218
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. In this paper, we provide a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examine how international...
Persistent link: https://www.econbiz.de/10003586563