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Labor Supply and Consumption Smoothing When Income Shocks are Non-Insurable
Danzer, Alexander M. - 2011
workers' unobserved heterogeneity and measurement error in the wage shock information. The estimated labor supply responses …
Persistent link: https://www.econbiz.de/10013129923
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Household Responses to Trade Shocks
Irastorza-Fadrique, Aitor; Levell, Peter; Parey, Matthias - 2023
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
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Children, Time Allocation and Consumption Insurance
Blundell, Richard W. - 2018
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
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Illegal Migration and Consumption Behavior of Immigrant Households
Dustmann, Christian - 2016
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
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Consumption Inequality and Family Labor Supply
Blundell, Richard W. - 2012
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
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Innocent Bystanders? Monetary Policy and Inequality in the U.S
Coibion, Olivier - 2012
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
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The Impact of Income Shocks on Health : Evidence from Cohort Data
Adda, Jerome; Banks, James W.; von Gaudecker, Hans-Martin - 2021
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
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Regional Consumption Responses and the Aggregate Fiscal Multiplier
Dupor, Bill; Karabarbounis, Marios; Kudlyak, Marianna; … - 2022
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
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Fiscal Competition and the Composition of Public Spending : Theory and Evidence
Borck, Rainald - 2006
In this paper, we consider fiscal competition between jurisdictions. Capital taxes are used to finance a public input and two public goods, one which benefits mobile skilled workers and one which benefits immobile unskilled workers. We derive the jurisdictions' reaction functions for different...
Persistent link: https://www.econbiz.de/10012779045
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Validating the Collective Model of Household Consumption Using Direct Evidence on Sharing
Bargain, Olivier - 2018
Recent advances in the collective model literature suggest ways to estimate the complete allocation of resources within households, using assignable goods and assuming adult preference similarity across demographic groups (or across spouses). While it makes welfare analysis at the individual...
Persistent link: https://www.econbiz.de/10012914348