Showing 1 - 10 of 1,590
In this paper I analyze the pattern of saving behavior by U.S. households, using the Consumer Expenditure (CEX) Survey. The analysis' main goal is to explain the decline in aggregate personal saving in the United States in the 1980s. I estimate a typical' saving-age profile and identify...
Persistent link: https://www.econbiz.de/10012763405
This paper explores the relationship between household marginal income tax rates, the set of assets that households own … surveys. The empirical findings suggest that a household's marginal tax rate has an important effect its asset allocation … decisions. The probability that a household owns tax-advantaged assets is strongly related to its tax rate on ordinary income …
Persistent link: https://www.econbiz.de/10012763785
. Information treatments about current and next year's interest rates have a strong effect on household expectations but treatments …
Persistent link: https://www.econbiz.de/10012840847
Using a large-scale survey of U.S. households during the Covid-19 pandemic, we study how new information about fiscal and monetary policy responses to the crisis affects households' expectations. We provide random subsets of participants in the Nielsen Homescan panel with different combinations...
Persistent link: https://www.econbiz.de/10012830487
I use the Survey of Consumer Finances (SCF) to analyze wealth trends from 1983 to 2013. Asset prices plunged between 2007 and 2010 but then rebounded from 2010 to 2013. Median wealth plummeted by 44 percent over years 2007 to 2010 and wealth inequality was up sharply. These two movements can be...
Persistent link: https://www.econbiz.de/10012982014
women's creativity within the nonmarket household sector and outside the patent system. The analysis distinguishes between … implication is that, by inaccurately gauging consumer innovations within the household and in the market, economic research likely …
Persistent link: https://www.econbiz.de/10012964884
We employ a model of precautionary saving to study why household saving rates are so high in China and so low in the US …
Persistent link: https://www.econbiz.de/10013046600
Asset prices plunged between 2007 and 2010 but then rebounded from 2010 to 2016. The most telling finding is that median wealth plummeted by 44 percent over years 2007 to 2010. The inequality of net worth, after almost two decades of little movement, went up sharply from 2007 to 2010, and...
Persistent link: https://www.econbiz.de/10012941966
Median household wealth shot up by 21.2 percent in real terms between 2016 and 2019, as asset prices continued to …
Persistent link: https://www.econbiz.de/10014089531
.S. household leverage from 2002 to 2006 and the increase in defaults from 2006 to 2008. Employing land topology-based housing …
Persistent link: https://www.econbiz.de/10013151131