Showing 1 - 10 of 46
In much of the literature on economic development, sustained economic growth is expected to be accompanied by several interrelated processes of structure change, which involve a shift in economic activities from "traditional"/agricultural/informal to "modern"/industrial/formal sectors. Such...
Persistent link: https://www.econbiz.de/10012059911
This paper assesses labor market segmentation across formal and informal salaried jobs and self-employment in three … if segmentation is an exclusive feature of the latter. Longitudinal data are used to assess wage differentials and … mobility under the assumption of no segmentation. It finds evidence of a formal wage premium relative to informal salaried jobs …
Persistent link: https://www.econbiz.de/10010278304
job. A second focus is how the exit probabilities differ depending on origin and gender, i.e. a segmentation aspect. The …
Persistent link: https://www.econbiz.de/10013208474
Using estimates of earnings functions in Ghana, this paper examines patterns of labor market segmentation with regard … segments of the employed labor force. We find evidence of labor market segmentation between formal and informal employment and …
Persistent link: https://www.econbiz.de/10010287864
We use a new panel dataset of credit card accounts to analyze how consumers responded to the 2001 federal income tax rebates. We estimate the monthly response of credit card payments, spending, and debt, exploiting the unique, randomized timing of the rebate disbursement. We find that on average...
Persistent link: https://www.econbiz.de/10010292101
encourage consumption, effecting over 100 million consumers. We use a unique dataset of credit cards transaction to study the …
Persistent link: https://www.econbiz.de/10010292191
Using a unique administrative level dataset from a large and diverse U.S. financial institution, we test the impact of rewards on credit card spending and debt. Specifically, we study the impact of cash-back rewards on individuals before and during their enrollment in the program. We find that...
Persistent link: https://www.econbiz.de/10010292197
standard permanent income model with intertemporally separable utility: the sensitivity of consumption to lagged consumer … sentiment and to predictable changes in current income I show that in a habit formation model the sensitivity of consumption … growth to predicted income can be to a large extent reinterpreted as a sluggish response of consumption to news Moreover the …
Persistent link: https://www.econbiz.de/10010293449
The standard approach to modelling consumption/saving problems is to assume that the decisionmaker is solving a dynamic … stochastic optimization problem However under realistic descriptions of utility and uncertainty the optimal consumption …
Persistent link: https://www.econbiz.de/10010293482
We use time-series of rainfall along with individual fixed effects to estimate the response of body weight to transitory changes in house-hold income and expenditure. Our data consist of a longitudinal sample of subsistence farmers in rural Tazania, representing one of the poorest populations in...
Persistent link: https://www.econbiz.de/10010321546