Showing 1 - 10 of 208
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
This paper examines the dynamic relationship between trade and income. While most economists agree that increased trade leads to an increase in average income, economic theory is ambiguous about the possible effects on the long-run growth rate of the economy. Using a dynamic panel data model,...
Persistent link: https://www.econbiz.de/10014404012
This paper explores the interaction between corporate ownership concentration and private savings, and by extension, the current account balance in Germany. As high corporate savings largely reflected capital income accruing to wealthy households and increasingly retained in closely-held firms,...
Persistent link: https://www.econbiz.de/10012252060
This paper reviews the evidence on how households in Sub-Saharan Africa segment along consumption, income and earning dimensions relevant for quantitative macroeconomic policy models which incorporate heterogeneity. Key findings include the importance of home-grown food in the income and...
Persistent link: https://www.econbiz.de/10014412103
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
This paper theoretically and empirically investigates the role of spousal labor in buffering transitory shocks to husbands'' earnings. To measure the amount of the shock that spousal labor absorbs, an instrumented cross-sectional variance decomposition is developed. Using data from the Panel...
Persistent link: https://www.econbiz.de/10014401440
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
countries is still lacking. Two demographic extensions of the representative household’s stochastic dynamic optimization problem …
Persistent link: https://www.econbiz.de/10014395881