.e. ignoring within-household inequality). This assessment of existing approaches to measure individual inequality and poverty is …

This paper studies the direct impact of households' debt on consumption over the business cycle. We use household …

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 … decomposing income risk. The approach is used to investigate the changes in income risk in Britain across the inequality growth …

determinants of household income and consumption levels and inequalities. Unconditional as well as conditional stochastic dominance … (SD) tests are performed by year, by household heads' characteristics (age, education, gender, health, marital status and … occupation) and by household characteristics (household type, household size, degree of urbanization). Mean least squares …

China's household saving rate has increased markedly since the mid-1990s and the age-saving profile has become U … permanent variance of household income was stable, the transitory variance rose sharply. Based on these estimates, we calibrate … household savings rate and the U-shaped age-profile of savings …

combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting … different groups are exposed to economic risk. As the ESI derives from a data-independent conceptual foundation, it can be …

category. Background risk exerts a significant impact on household portfolios, resulting in a 'flight from risk', away from … households reduce their financial risk exposure when confronted with background risk. Our novel modelling approach – termed a … risk, and is unique in recovering for, any given risky asset class, the shares that are reallocated to a safer asset …

incorporates household consumption and family labor supply decisions. We derive analytical expressions based on approximations for …

luxury goods. Moreover, uncertainty reduces household propensity to invest in mutual funds. These results support the notion … that macroeconomic uncertainty can impact household decisions and have large negative effects on economic outcomes …