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, the gender wage gap has kept shrinking. Both individual- and household-level income inequality have continued to rise at … enormous impacts on the dynamics of household-level inequality, with the role of the family diminishing and that of the …
Persistent link: https://www.econbiz.de/10014322873
Indonesian economic crisis on household welfare there. Using only pre-crisis household information, we estimate the compensating …-parametric methods. We find that virtually every household was severely impacted, although it was the urban poor that fared the worst … the geographic location of the household mattered even within urban or rural areas and household income categories …
Persistent link: https://www.econbiz.de/10012470154
This paper reviews the literature on international comparative household finance. The paper presents summary statistics … on household balance sheets for 13 developed countries, and uses these statistics to discuss common features and …
Persistent link: https://www.econbiz.de/10012456608
Income is simultaneously one of the most important variables used by economists and the variable most likely to be missing due to item non-response. While observations that are missing income responses are often dropped from analyses, such treatment is usually inappropriate. More appropriate...
Persistent link: https://www.econbiz.de/10013388775
Does mental accounting matter for total consumption expenditures? We exploit a unique setting in which individuals exogenously received a new credit card, without requesting one. Using random variation in the time of receipt we show that individuals temporarily increase total consumption...
Persistent link: https://www.econbiz.de/10014337846
Estimates of UK income inequality trends differ substantially according to whether estimates are based on household …
Persistent link: https://www.econbiz.de/10012456682
-making processes across households (the "why"). The combination of the quantitative estimation of household response dynamics with a … qualitative exploration of the mental models employed during financial decisions provides a more complete view of household … showing significant variability. However, MPDs play a critical role in household financial adjustments and display …
Persistent link: https://www.econbiz.de/10014512045
We study the redistributive effects of inflation combining administrative bank data with an information provision experiment during an episode of historic inflation. On average, households are well-informed about prevailing inflation and are concerned about its impact on their wealth; yet, while...
Persistent link: https://www.econbiz.de/10014372429
We develop a new approach to identify different categories of depositors during periods of uncertainty and quantify their compensation to remain in the bank. We isolate withdrawals due to liquidity needs, deterioration of fundamentals, and expectation about withdrawal behavior of other...
Persistent link: https://www.econbiz.de/10013362023
We analyze the saving motives of European households using micro-data from the Household Finance and Consumption Survey …
Persistent link: https://www.econbiz.de/10015056164