Showing 1 - 10 of 222
We study how unemployment effects the over-indebtedness of households using the new European Household Finance and … Consumption Survey (HFCS). First, we assess the role of different labor market statuses (i.e. employed, unemployed, disabled …, retired, etc.) and other household characteristics (i.e. demographics, housing status, household wealth and income, etc.) to …
Persistent link: https://www.econbiz.de/10011420752
Many households have insufficient savings to handle moderate and routine consumption shocks. Many of these financially fragile households also have the highest lottery expenditures as a proportion of income. This combination suggests that Prize-Linked Savings (PLS) accounts, that combine...
Persistent link: https://www.econbiz.de/10010289923
One suggested hypothesis for the dramatic rise in household borrowing that preceded the financial crisis is that low … households. Using household level data on debt accumulation during 2001-2012, we show that low-income households in high …
Persistent link: https://www.econbiz.de/10010333254
socioeconomic characteristics, housing traits, country-specific constant terms, and household unobserved heterogeneity. We attribute … access to liquidity. Household's reported distress is also affected by excess indebtedness relative to the debt load of …
Persistent link: https://www.econbiz.de/10010269704
The causes and consequences of child labour are examined theoretically and empirically within a household decision …
Persistent link: https://www.econbiz.de/10010262340
This paper analyzes the time allocation of Italian spouses to paid work, childcare and household work. The literature … suggests that Italian husbands contribute the least to unpaid household work, relative to other European countries, while … spouses within each household, allowing for corner solutions and correlations in the unobservables across the system of six …
Persistent link: https://www.econbiz.de/10010268955
-earners. About 24% of American women in dual-earner households earned more than their husband in 2004. Using a model of household … may also come into play. Our empirical model specifies spouse labour-market participation equations within each household …
Persistent link: https://www.econbiz.de/10010276779
This research evaluates the impact on German household labor supply of various subsidy schemes proposed to foster low …-wage employment. Using data from the German Socio-Economic Panel, we estimate a discrete choice model of household labor supply. On … different policies raising low labor earnings at the individual and household levels. In all cases, the labor supply effect is …
Persistent link: https://www.econbiz.de/10010262335
to get access to resources without support from unemployment compensation. Analysing a household survey from 1995, we … find that the household formation response of the unemployed is the critical way in which they assure access to resources …. In particular, unemployment delays the setting up of an individual household of young people, in some cases by decades …
Persistent link: https://www.econbiz.de/10010262445
We provide a nonparametric 'revealed preference' characterization of rational household behavior in terms of the … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The …, monotonicity is testable for the model that assumes all household consumption is public. …
Persistent link: https://www.econbiz.de/10010269151