Showing 1 - 10 of 403
The paper investigates how employees use secondary employment to smooth out consumption shortfalls from non-anticipated wage shocks in their main employment. The identification strategy exploits surprising changes in firms' wage payment and repayment behavior in Ukraine. Based on unique...
Persistent link: https://www.econbiz.de/10013129923
We develop a new approach to the decomposition of income risk within a nonstationary model of intertemporal choice. The … approach allows for changes in income risk over the life-cycle and with the business cycle. It requires only repeated cross …-section data and can allow for mixtures of persistent and transitory components in the dynamic process for income. Evidence from a …
Persistent link: https://www.econbiz.de/10013118049
We develop an estimator of unreported income, perhaps due to tax evasion, that does not depend on as strict identifying …-employed underreport income whereas wage and salary workers do not is likely to fail in countries where employees are often paid under the … table or engage in corrupt activities. Assuming that evading individuals have a higher consumption-income gap than non …
Persistent link: https://www.econbiz.de/10013099400
This paper tries to document the presence of unreported income among public sector employees in India. We investigate … hypothesis that despite a lower level of public sector income in some of the quantiles, if the level of durable goods consumption … income among the public sector workers. The 2004-05 survey of income and consumption by workers in both private and public …
Persistent link: https://www.econbiz.de/10013108905
We study the effect of permanent income innovations on health for a prime-aged population. Using information on more … aggregate data by date-of-birth cohort to construct a synthetic cohort dataset with details of income, expenditure, socio … incomes over the eighties and nineties to uncover causal effects of permanent income shocks on health. We find that such …
Persistent link: https://www.econbiz.de/10013324853
also of subsequent generations. Little comparative work exists for Europe's largest economies. France, Germany and the UK …
Persistent link: https://www.econbiz.de/10013155002
capital, population, income growth and distribution, and migration trends are endogenous. We derive new insights about the … impact of migration on long-term income growth and distribution, and the net benefits to natives in both destination and …
Persistent link: https://www.econbiz.de/10013001874
public and private sources. The aim is to establish how social benefits, and the taxes needed to finance them, affect income …-data and microsimulation models to illustrate the influence of market income patterns, household structures and social … protection measures on the income distribution among and between different age groups. We use information from the late 1990s to …
Persistent link: https://www.econbiz.de/10013317552
Earlier literature has investigated the drop in household consumption upon retirement of the head of the household, the so-called "retirement consumption puzzle". Here, we expand on these studies by considering also retirement of the wife, thus distinguishing households in which the wife is a...
Persistent link: https://www.econbiz.de/10013073440
Using a new survey of European households, we study how exogenous variation in the macroeconomic uncertainty perceived by households affects their spending decisions. We use randomized information treatments that provide different types of information about the first and/or second moments of...
Persistent link: https://www.econbiz.de/10013236401