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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 their IZA Discussion Paper 10247, Johansson and Lee claim that the main result (Proposition 3) in Abbring and Van den Berg (2003b) does not hold. We show that their claim is incorrect. At a certain point within their line of reasoning, they make a rather basic error while transforming one...
Persistent link: https://www.econbiz.de/10011543629
like wages or GDP growth. Applied econometrics has since evolved to prioritize the estimation of specific causal effects …
Persistent link: https://www.econbiz.de/10011607621
This chapter presents an economic approach to character and personality traits with an application to the study of virtue. Economists interpret psychological traits, including character traits and virtue, as strategies that shape responses to situations (actions) determined by underlying...
Persistent link: https://www.econbiz.de/10014279705
Using micro-level data, we examine the effects of Russia's 2001 flat rate income tax reform on consumption, income, and … assess the deadweight loss from personal income tax in the presence of tax evasion based on the consumption response to tax … least 30% smaller than the gain implied by conventional approaches. -- Tax evasion ; consumption-income gap ; personal …
Persistent link: https://www.econbiz.de/10003652671
Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality and find that inequality … shocks. The response of consumption to permanent and transitory income shocks becomes weaker later in the sample, consistent … ; income ; consumption ; transition ; Russia …
Persistent link: https://www.econbiz.de/10003863185
Consumption expenditure declines sharply at the time of retirement for many households, but the majority maintain a … smooth consumption path. A simple life cycle model with uncertainty about the time of retirement can account for this pattern … consumption expenditure at retirement generated by the model is zero, while the mean is negative, matching the HRS data. However …
Persistent link: https://www.econbiz.de/10003539347
In this paper, we first explore how an exogenous increase in the opportunity cost of religious participation affects individuals' religious participation and reported happiness using data from the General Social Survey. The exogenous shift in the cost of religious participation is a result of...
Persistent link: https://www.econbiz.de/10009009396
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