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larger has been the role of the declining share of household income in national income, which has occurred across …
Persistent link: https://www.econbiz.de/10014400895
countries'' historical experience. The results suggest, in particular, that efforts to further raise household income and the … household income and mitigate household-specific risk (such as by improving the healthcare and pension systems) also have a role …
Persistent link: https://www.econbiz.de/10014402810
economic transition in 1989–90. The results, based on micro data from the 1985–92 Household Budget Surveys, indicate that …
Persistent link: https://www.econbiz.de/10014403464
This paper discusses the evolution of the household debt in Australia and finds that while higher-income and higher … depending on the level of household debt. The results corroborate other work that households' response to monetary policy shocks …
Persistent link: https://www.econbiz.de/10012019787
This paper estimates the household income growth rates implied by food demand in a sample of urban Chinese households …
Persistent link: https://www.econbiz.de/10012667425
High household wealth is often cited as a key strength of the Italian economy. Both in absolute terms and relative to … income, the Italian household sector is wealthier than most euro area peers. A sizable fraction of this wealth is held by the … rich and upper middle classes. This paper documents the changes in the Italian household sector's financial wealth over the …
Persistent link: https://www.econbiz.de/10011905929
China’s household saving rate has increased markedly since the mid-1990s and the age-savings profile has become U … increase in income uncertainty. Interestingly, the permanent variance of household income remains stable while it is the … and pension reforms can account for over half of the increase in the urban household savings rate in China since the mid …
Persistent link: https://www.econbiz.de/10014403089
as a mechanism for smoothing household consumption following negative aggregate shocks. Our results suggest that mortgage …
Persistent link: https://www.econbiz.de/10013170081
Historically high household debt in several economies is calling for a deleveraging, but according to some economists …, this paper finds evidence of a negative relationship between changes of household debt-to-income ratios and saving rates … suggest that the economic cost associated with household deleveraging may be overestimated and motivate a deleveraging via …
Persistent link: https://www.econbiz.de/10012796301
Persistent link: https://www.econbiz.de/10012487299