We argue that independent entitlement to income is important. This implies that earnings replacement benefits paid to …. The argument also highlights the need to consider gender differences in the receipt of income. We explore the implications … in non-means-tested benefits and the increase in means testing - taken to their ultimate conclusion. -- Income ; Benefits …

This paper compares consumption and income as measures of households' living standards using UK data. It presents … evidence that income is likely to be under-recorded for households with low resources. It describes the different impressions … an imputed income from housing, rather than near-cash income. It describes what different impressions one gets about the …

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 …

reduction in homeownership across generations. Lower-income households find it harder to buy housing, and as a result accumulate …

- 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 …

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 …

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 …

mothers' economic well-being. Using 25-years of longitudinal data from the Panel Study of Income Dynamics (PSID) from 1990 to … parenthood is as strongly linked to reduced income as partner absence. Comparing how these different routes to single motherhood … affect economic outcomes, I show that previously married mothers face larger income penalties than those who were single when …

reported monthly income by £142 (8 percent). Dependent interviewing - a recall device commonly used in panel surveys - takes …