Showing 1 - 10 of 2,082
lead to man-cessions, i.e. employment falls and more strongly so for men. By contrast, an expansionary fiscal shock …
Persistent link: https://www.econbiz.de/10013024941
We use regional variation in the American Recovery and Reinvestment Act (2009-2012) to analyze the effect of government spending on consumer spending. Our consumption data come from household-level retail purchases in the Nielsen scanner data and auto purchases from Equifax credit balances. We...
Persistent link: https://www.econbiz.de/10014083720
In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that incorporates household consumption and family labor supply decisions. We derive analytical expressions based on approximations for the dynamics of consumption, hours, and earnings...
Persistent link: https://www.econbiz.de/10013099401
We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the United States since 1980. Contractionary monetary policy actions systematically increase inequality in labor earnings, total income, consumption and total expenditures....
Persistent link: https://www.econbiz.de/10013104935
We study the effect of permanent income innovations on health for a prime-aged population. Using information on more than half a million individuals sampled over a twenty-five year period in three different cross-sectional surveys we aggregate data by date-of-birth cohort to construct a...
Persistent link: https://www.econbiz.de/10013324853
(an increase of 18%). The negative effects of the shock span other areas of human welfare. Households cut back on food … related to a drop in income per capita (10%), mostly among salaried workers. Adults coped with the shock by increasing their … from school. Impact heterogeneity is associated with the intensity of the shock, food price inflation, and the timing of …
Persistent link: https://www.econbiz.de/10013029124
We analyze the effect of immigrants' legal status on their consumption behavior using unique survey data that samples both documented and undocumented immigrants. To address the problem of sorting into legal status, we propose two alternative identification strategies as exogenous source of...
Persistent link: https://www.econbiz.de/10012987211
We consider the life cycle choices of a household that in each period decides how much to consume and how to allocate spouses' time to work, leisure, and childcare. In an environment with uncertainty, the allocation of goods and time over the life cycle also serves the purpose of smoothing...
Persistent link: https://www.econbiz.de/10012930924
against lost household earnings by increasing labour supply. We find that both own and partner responses to the shock vary … worker effect' when their partner is exposed to the shock. By contrast, we find no such response for women, who do not … dissolution also differ according to the gender of those affected: for women below 45, but not men, exposure to the trade shock …
Persistent link: https://www.econbiz.de/10014351480
This paper provides empirical evidence on the role of public health insurance in mitigating adverse outcomes associated with health shocks. Exploiting the rollout of a universal health insurance program in rural China, I find that total household income and consumption are fully insured against...
Persistent link: https://www.econbiz.de/10013016390