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Welfare Costs of Idiosyncratic and Aggregate Consumption Shocks

Kōnstantinidēs, Giōrgos - National Bureau of Economic Research - 2021

household utility and benefits of eliminating idiosyncratic shocks related to the business cycle as 3.4% of utility. Estimates … the business cycle, estimate the negative skewness of shocks, target moments of idiosyncratic shocks from household … insuring idiosyncratic shocks unrelated to the business cycle, such as the death of a household's prime wage earner and job …

Persistent link: https://www.econbiz.de/10012599299

Inflation's Impact on American Households

Altig, David; Auerbach, Alan J.; Eidschun, Erin F.; … - National Bureau of Economic Research - 2024

The post-COVID price surge has reignited interest in inflation's impact on American households. Even if anticipated and with full market adjustments, inflation affects households through its interaction with the fiscal system, which is the focus of this paper. Inflation affects households...

Persistent link: https://www.econbiz.de/10014544760

Family Planning : Program Effects

Miller, Grant - 2014

This paper reviews empirical evidence on the micro-level consequences of family planning programs in middle- and low-income countries. In doing so, it focuses on fertility outcomes (the number and timing of births), women's health and socio-economic outcomes (mortality, human capital, and labor...

Persistent link: https://www.econbiz.de/10012458079

Who Bears the Costs of Inflation? Euro Area Households and the 2021–2022 Shock

Pallotti, Filippo; Paz Pardo, Gonzalo; Slacalek, Jirka; … - National Bureau of Economic Research - 2023

framework illustrating the numerous channels of the transmission mechanism of surprise inflation to household welfare guides our …

Persistent link: https://www.econbiz.de/10014437027

The Demand for Money, Financial Innovation, and the Welfare Cost of Inflation : An Analysis with Household Data

Attanasio, Orazio - 1998

How far can shoe-leather go in explaining the welfare cost of inflation? Using a unique set of microeconomic data on households, we estimate the parameters of the demand for money derived from the generalized Baumol-Tobin model. Our data set contains information on average holdings of cash, on...

Persistent link: https://www.econbiz.de/10012472217

Inferring Inequality with Home Production

Boerma, Job - 2017

We revisit the causes, welfare consequences, and policy implications of the dispersion in households' labor market outcomes using a model with uninsurable risk, incomplete asset markets, and a home production technology. Accounting for home production amplifies welfare-based differences across...

Persistent link: https://www.econbiz.de/10012453547

Welfare Reform and Family Expenditures : How are Single Mothers Adapting to the New Welfare and Work Regime?

Kaushal, Neeraj - 2006

We study the effect of welfare reform, broadly defined to include social policy changes in the 1990s, on the material well-being and expenditure patterns of poor single-mother families. Our research suggests that welfare reform did not affect total expenditures in households headed by...

Persistent link: https://www.econbiz.de/10012466037

Determinants and Consequences of Bargaining Power in Households

Friedberg, Leora - 2006

A growing literature offers indirect evidence that the distribution of bargaining power within a household influences … decisions made by the household. The indirect evidence links household outcomes to variables that are assumed to influence the … distribution of power within the household. In this paper, we have data on whether a husband or wife in the Health and Retirement …

Persistent link: https://www.econbiz.de/10012466298

Down or Out : Assessing the Welfare Costs of Household Investment Mistakes

Calvet, Laurent E. - 2006

This paper investigates the efficiency of household investment decisions in a unique dataset containing the …

Persistent link: https://www.econbiz.de/10012466639

Health and Mortality Delta : Assessing the Welfare Cost of Household Insurance Choice

Koijen, Ralph - 2011

Retirement Study. For the median household aged 51 to 57, the lifetime welfare cost of market incompleteness and suboptimal …

Persistent link: https://www.econbiz.de/10012461333

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