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Labor Supply and Consumption Smoothing When Income Shocks are Non-Insurable

Danzer, Alexander M. - 2011

The paper investigates how employees use secondary employment to smooth out consumption shortfalls from non-anticipated wage shocks in their main employment. The identification strategy exploits surprising changes in firms' wage payment and repayment behavior in Ukraine. Based on unique...

Persistent link: https://www.econbiz.de/10013129923

Income Pooling and Household Division of Labor : Evidence from Danish Couples

Amuedo-Dorantes, Catalina - 2011

If income pooling indicates primary earners' willingness to trade part of their income with spouses who earn less and work more in household production, then among specialized couples income pooling will be positively associated with the price of commercial domestic services, substitutes for...

Persistent link: https://www.econbiz.de/10013131424

Income Uncertainty and Household Savings in China

Chamon, Marcos - 2010

China's household saving rate has increased markedly since the mid-1990s and the age-saving profile has become U-shaped. Using a panel of urban Chinese households covering 1989-2006, we document a sharp increase in income uncertainty. While the permanent variance of household income was stable,...

Persistent link: https://www.econbiz.de/10013135632

The Timing of Parental Income and Child Outcomes : The Role of Permanent and Transitory Shocks

Tominey, Emma - 2010

How do shocks to parental income drive adolescent human capital, including years of schooling, high school dropout, university attendance, IQ and health? A structural model decomposes household shocks into permanent and transitory components, then the effect of shocks at age 1-16 is estimated...

Persistent link: https://www.econbiz.de/10013137245

Child Health and the Income Gradient : Evidence from China

Chen, Yi - 2010

Though the positive income gradient of child health is well documented in developed countries, evidence from developing … longitudinal data from the China Health and Nutrition Survey, we have found a positive, age-enhancing income gradient of child … health, measured by height-for-age z scores. The gradient is robust to alternative specifications and a comprehensive set of …

Persistent link: https://www.econbiz.de/10013138254

The Economic Security Index : A New Measure for Research and Policy Analysis

Hacker, Jacob S. - 2012

This paper presents the Economic Security Index (ESI), a new, more comprehensive measure of economic insecurity. By 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...

Persistent link: https://www.econbiz.de/10013098821

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

Remittances and Portfolio Values : An Inquiry Using Spanish Immigrants from Africa, Europe and the Americas

Amuedo-Dorantes, Catalina - 2012

Using a recent Spanish database, we show that remittances respond to cross country differences in portfolio values. This behavior suggests that immigrants are sophisticated economic optimizers who take advantage of opportunities to invest trans-nationally given the networks that immigrants are...

Persistent link: https://www.econbiz.de/10013104946

The Impact of Family Income on Child Achievement : Evidence from the Earned Income Tax Credit

Dahl, Gordon B. - 2012

Past estimates of the effect of family income on child development have often been plagued by endogeneity and measurement error. In this paper, we use an instrumental variables strategy to estimate the causal effect of income on children's math and reading achievement. Our identification derives...

Persistent link: https://www.econbiz.de/10013104955

Mind the Gap : Net Incomes of Minimum Wage Workers in the EU and the US

Marx, Ive - 2012

This paper focuses on the role of minimum wages, tax and benefit policies in protecting workers against financial poverty, covering 21 European countries with a national minimum wage and three US States (New Jersey, Nebraska and Texas). It is shown that only for single persons and only in a...

Persistent link: https://www.econbiz.de/10013106961

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