Showing 1 - 10 of 176
This paper reviews the evidence on how households in Sub-Saharan Africa segment along consumption, income and earning … importance of home-grown food in the income and consumption of households well up the income distribution, the lack of formal … financial inclusion for all but the richest households, and the importance of non-wage income. These stylized facts suggest that …
Persistent link: https://www.econbiz.de/10013021780
Using detailed micro-data, this paper documents that households with lower income risk (and higher income levels …) exhibit a higher Marginal Propensity to Consume (MPC) in response to transitory income shocks, all else being equal. This … designed to account for the empirically observed negative correlation between income levels and income risk. This interaction …
Persistent link: https://www.econbiz.de/10014482888
This paper investigates inter-industry wage differentials in Belgium, taking advantage of access to a unique matched employer-employee data set covering all the years from 1999 to 2005. Findings show the existence of large wage differentials among workers with the same observed characteristics...
Persistent link: https://www.econbiz.de/10003963789
high initialmanufacturing wage premium and the high level of income inequality. The manufacturingwage premium declined …, high income inequality playeda large role. This is because manufacturing job loss typically implies a move to the … increases with the overall level of income inequality inthe country, conditional on moving down in the wage distribution. Based …
Persistent link: https://www.econbiz.de/10012860990
reduction in homeownership across generations. Lower-income households find it harder to buy housing, and as a result accumulate …
Persistent link: https://www.econbiz.de/10012426310
- relative to older borrowers has played a major role in easing the debt repayment burden in the presence of large income shocks …. Notwithstanding historically low interest rates, we show that income shocks are the main factor contributing to mortgage repayment …
Persistent link: https://www.econbiz.de/10011647888
This paper studies the effects of quantitative easing on income and wealth of individual euro area households. The … which key variables affecting household income and wealth are included, such as the unemployment rate, wages, interest rates …-form simulation on micro data from the Household Finance and Consumption Survey, capturing the income composition, the portfolio …
Persistent link: https://www.econbiz.de/10011921470
We analyse the effect of shocks to housing wealth and income before and after the Great Recession. We combine datasets … containing information on expenditure, income, wealth and debt in a synthetic panel to understand how household indebtedness … affects the response to income and wealth shocks.We find evidence for both a housing wealth effect and income shocks …
Persistent link: https://www.econbiz.de/10012197858
decomposing disposable income into labour, property and transfer income is essential for understanding and forecasting consumption …. Finally, substantial crosscountry heterogeneity in marginal propensities to consume out of income and wealth components calls …
Persistent link: https://www.econbiz.de/10012135921
Many factors inhibiting and facilitating economic growth have been suggested. Will international income data tell which … averaging and classical model selection procedures are sensitive to income differences across datasets. For example, many of the … 1975-1996 growth determinants according to World Bank income data turn out to be irrelevant when using Penn World Table …
Persistent link: https://www.econbiz.de/10003636074