contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information …We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel …

. -- absolute and relative welfare ; income ; status consumption ; signaling model ; conspicuous consumption ; adaptation ; internal … neighbors and investigates whether status consumption is a way for newly arrived city dwellers to signal their social standing …. Using a novel dataset from the emerging economy of Kazakhstan we find that internal migrants earn an income and status …

partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is …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 …

This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During … wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households … both reduce their consumption and increase their savings in response to an exogenous decline in income. …

house prices on consumption documented in two papers using the same data set for the UK. On the one hand, Campbell and Cocco …-called wealth hypothesis. On the other hand, Attanasio, Blow, Hamilton, and Leicester (2009) find that house prices have the same … impact on consumption across age groups, consistent with the so-called common factor hypothesis. First, we confirm that the …

We utilize individual panel data from the 1996 and 2001 Survey of Income and Program Participation (SIPP) to analyze … the relative success of self-employed female Hispanics. To allow for a meaningful comparison of earnings between self …

contrast how lower income Hispanic and African-American men fared during the civil rights era relative to lower-income non … Act, this is the first study to do so for Hispanics. We follow a longitudinal sample of individuals who were in the labor … significant acceleration following the Civil Rights Act in the relative earnings of low-income Hispanic men. -- anti …

. Previous literature has produced inconclusive evidence, with some studies suggesting that migration reduces income poverty … 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 …

for the UK. -- Wage inequality ; product demand ; income elasticity …