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Smoother labor incomes alleviate credit constraints by reducing workers' desire to borrow, and prospects of upward income mobility have smaller beneficial effects for currently poor workers when borrowing constraints are binding. These simple theoretical insights are consistent with the...
Persistent link: https://www.econbiz.de/10010261817
between consumer loan take-ups and consumption of self-employed in comparison to employee households, we find first evidence …
Persistent link: https://www.econbiz.de/10010282216
-income households increased their demand for credit to finance higher consumption expenditures in order to keep up with higherincome …
Persistent link: https://www.econbiz.de/10010333254
Some individuals borrow extensively on their credit cards. This paper tests whether present-biased time preferences correlate with credit card borrowing. In a field study, we elicit individual time preferences with incentivized choice experiments, and match resulting time preference measures to...
Persistent link: https://www.econbiz.de/10010276781
We study firms' advertised gender preferences in a population of ads on a Chinese internet job board, and interpret …
Persistent link: https://www.econbiz.de/10010274545
Can having more education than a job requires reduce one's chances of being offered the job? We study this question in a sample of applications to jobs that are posted on an urban Chinese website. We find that being overqualified in this way does not reduce the success rates of...
Persistent link: https://www.econbiz.de/10010289993
This paper finds declining consumption expenditure between paydays, for a typical household in the working population …
Persistent link: https://www.econbiz.de/10010262166
This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During … wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households … both reduce their consumption and increase their savings in response to an exogenous decline in income. …
Persistent link: https://www.econbiz.de/10010262612
collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The … same non-testability conclusion holds for privateness (with or without externalities) or publicness of consumption. By …
Persistent link: https://www.econbiz.de/10010269151
In this paper we estimate the effect of the Mexican conditional cash transfer program, Oportunidades, on consumption … to induce many eligible households to participate, and find positive effects on consumption. …
Persistent link: https://www.econbiz.de/10010270630