Showing 1 - 10 of 1,446
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 …
Persistent link: https://www.econbiz.de/10013236401
This paper examines the relationship between product demand and the pattern of rising skill premia and rising employment of skilled workers in the US and the UK since the 1980s. If more skilled workers demand more skill-intensive goods, then an increase in relative skill supply will also induce...
Persistent link: https://www.econbiz.de/10013141699
In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the way houses are bought and sold in the United States. Our model is consistent with the observation that houses are sometimes sold above, sometimes below and sometimes at the...
Persistent link: https://www.econbiz.de/10013149512
rural hukou owns 310 thousand yuan less housing wealth and 213 thousand yuan less total wealth than comparable household … reasons, rural- to-urban migrants are less likely to own housing units in cities and as a result accumulate less wealth. Our … empirical analysis examines a nationally representative household survey from 2013 and uses mother's hukou status as an …
Persistent link: https://www.econbiz.de/10013315024
. Combining these estimates with data on Spanish households' financial decisions from the Survey of Household Finances (EFF …
Persistent link: https://www.econbiz.de/10013136779
data from the Eurosystem Household Finance and Consumption Survey (HFCS) to analyse the household's wealth composition and … accumulation process in the euro area. To quantify the size of the housing wealth and its potential to enhance existing and future … then catalogue and discuss the many alternative options for managing and accessing housing wealth over the life cycle, and …
Persistent link: https://www.econbiz.de/10012861296
-called wealth hypothesis. On the other hand, Attanasio, Blow, Hamilton, and Leicester (2009) find that house prices have the same …-cycle model) and not data aggregation considerations (household level data vs. synthetic cohort data) may be at the root of the …
Persistent link: https://www.econbiz.de/10013076839
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
This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using … pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on … 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