Showing 1 - 10 of 39
We measure the response of household spending to the economic stimulus payments (ESPs) disbursed in mid-2008, using …
Persistent link: https://www.econbiz.de/10013131507
Using administrative credit report records and data collected through several special household surveys we analyze … changes in household debt and savings during the 2007 recession. We find that while different segments of the population were … higher saving rate appears to reflect a considerable decline in household debt, with households paying down mortgage debt in …
Persistent link: https://www.econbiz.de/10013125918
Beginning in May 2009 we fielded a monthly Internet survey designed to measure total household spending as the …
Persistent link: https://www.econbiz.de/10013108000
with information on the reallocation of resources within, from, and to the household sector in response to macroeconomic … events. The household sector is both a propagator of shocks to the economy, as wealth is redistributed across households with … of information on household exposures to macroeconomic risk factors - can potentially lead to better macroeconomic …
Persistent link: https://www.econbiz.de/10013089772
. There is clear evidence that short-term diaries do not accurately capture household food spending patterns given infrequency …
Persistent link: https://www.econbiz.de/10013074226
individual-pre-tax and household-post-tax earnings and across administrative (Social Security Administration) and survey (Panel … Study of Income Dynamics) data. We estimate two alternative processes for household after-tax earnings and study their …
Persistent link: https://www.econbiz.de/10012927027
This paper presents a new multivariate copula-based modeling approach for analyzing cost-offsets between drug and nondrug expenditures. Estimates are based on panel data from the Medical Expenditure Panel Survey (MEPS) with quarterly measures of medical expenditures. The approach allows for...
Persistent link: https://www.econbiz.de/10013151813
related or not, even with the best data. We thus look at household finances and find that individuals delever upon retirement …
Persistent link: https://www.econbiz.de/10012840010
Household economies of scale arise when households with multiple members share public goods, making larger households … better off at lower per capita expenditures. While estimates of household economies of scale are critical for measuring … income and living standards, we do not know how these scale economies change over time. I use American household expenditure …
Persistent link: https://www.econbiz.de/10012772365
We investigate empirically the extent to which government consumption substitutes for private consumption in nine East Asia countries. Panel cointegrating regression uncovers a significantly positive elasticity of substitution between government and private consumption, implying on average...
Persistent link: https://www.econbiz.de/10012779586