Showing 1 - 10 of 570
This paper revisits the standard model of labor supply under two additional assumptions: consumption requires time and … utility at the optimum and above a critical wage level it converts into a pure consumption good. Their labor-supply curve is …
Persistent link: https://www.econbiz.de/10012963868
We construct key household and individual economic variables using a panel micro data set from the Russia Longitudinal … Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality and find that inequality … shocks. The response of consumption to permanent and transitory income shocks becomes weaker later in the sample, consistent …
Persistent link: https://www.econbiz.de/10013158667
combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting … for fluctuations in income and out-of-pocket medical expenses, as well as financial wealth sufficient to buffer against …
Persistent link: https://www.econbiz.de/10013098821
pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on …This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …
Persistent link: https://www.econbiz.de/10013105997
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … leads to wealth inequalities. However, the intra-household processes appear to be efficient in terms of welfare, as … framework based on a collective model of labor supply, where household decisions are Pareto efficient, and spouses negotiate a …
Persistent link: https://www.econbiz.de/10012912744
olds, we estimate similar health gradients in income and wealth in both countries, but for 70-80 year old, we find no … evidence using a long panel of American respondents that their subsequent mortality is not related to large changes in wealth …
Persistent link: https://www.econbiz.de/10013141729
We use micro data from the U.S. Internal Revenue Service to document how households' tax liabilities vary with income, marital status and the number of dependents. We report facts on the distributions of average and marginal taxes, properties of the joint distributions of taxes paid and income,...
Persistent link: https://www.econbiz.de/10013128832
. Information treatments about current and next year's interest rates have a strong effect on household expectations but treatments …
Persistent link: https://www.econbiz.de/10012840991
primary surpluses should lead households to anticipate this higher inflation. Are household inflation expectations sensitive …
Persistent link: https://www.econbiz.de/10013246033
Using a large-scale survey of U.S. households during the Covid-19 pandemic, we study how new information about fiscal and monetary policy responses to the crisis affects households' expectations. We provide random subsets of participants in the Nielsen Homescan panel with different combinations...
Persistent link: https://www.econbiz.de/10012831220