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patterns is important, especially for the poor. Combining anthropometric and time-use data for India, we construct a …
Persistent link: https://www.econbiz.de/10013012388
This paper estimates a household saving rate equation for India and Korea using long-term time series data for the 1975 … impact on the household saving rate in both India and Korea, even after controlling for the usual suspects such as the aged … and youth dependency ratios and income. It has a negative impact in India, where the bride's side has to pay substantial …
Persistent link: https://www.econbiz.de/10012986694
This paper studies the long-run effects of a "big-push" program providing a large asset transfer to the poorest Indian households. In a randomized controlled trial that follows these households over 10 years, we find positive effects on consumption (0.6 SD), food security (0.1 SD), income (0.3...
Persistent link: https://www.econbiz.de/10014090779
for textiles trade. The benefits from freer trade in textiles and clothing shed light on other sectors that are still …
Persistent link: https://www.econbiz.de/10013020701
This paper provides estimates of both national and global welfare costs of bilateral quotas on textiles and apparel … using an applied general equilibrium model which covers bilateral quotas on exports of textiles and apparel negotiated …
Persistent link: https://www.econbiz.de/10013245117
International risk-sharing has far-reaching implications both for economic policy and for basic research in economics. When countries do not share risk, individuals in those countries experience fluctuations in their consumption levels that are undesirable and possibly unnecessary. This paper...
Persistent link: https://www.econbiz.de/10013129220
We measure the response of household spending to the economic stimulus payments (ESPs) disbursed in mid-2008, using special questions added to the Consumer Expenditure Survey and variation arising from the randomized timing of when the payments were disbursed. We find that, on average,...
Persistent link: https://www.econbiz.de/10013131507
Aggregate consumption Euler equations fit financial asset return data poorly. But they fit the return on the capital stock well, which leads us to three empirical findings relating to the capital income tax burden. First, capital taxation drives a wedge between consumption growth and the...
Persistent link: https://www.econbiz.de/10013133241
We provide empirical evidence on the dynamics effects of tax liability changes in the United States. We distinguish between surprise and anticipated tax changes using a timing-convention. We document that pre-announced but not yet implemented tax cuts give rise to contractions in output,...
Persistent link: https://www.econbiz.de/10013139130
In this paper we show that some of the predictions of models of consumer intertemporal optimization are not inconsistent with the patterns of non-durable expenditure observed in US household-level data. Our results and our approach are new in several respects. First, we use the only US micro...
Persistent link: https://www.econbiz.de/10013139240