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Persistent link: https://www.econbiz.de/10013534543
Households do not share resources equally between their members, so estimating intra-household inequality is crucial to understanding overall inequality. However, estimating the sharing rule is difficult because expenditure data is almost always at the household level. A growing literature...
Persistent link: https://www.econbiz.de/10014381448
Estimating intra-household sharing is crucial to understanding overall inequality. However, expenditure data is almost always at the household level. A growing literature structurally estimates sharing from individual-level demand data for a single private good, the ‘assignable good’. I...
Persistent link: https://www.econbiz.de/10015357175
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This paper provides a comprehensive assessment of household debt dynamics in Malta between 2010 and 2020. Drawing on the Household Finance and Consumption Survey, it argues that a process of financialisation of the household is underway on the Maltese islands, primarily via the mortgage market....
Persistent link: https://www.econbiz.de/10014427487
We use large-scale panel data from linked decadal censuses in England and Wales to study the responses of both individuals and their partners to rising Chinese import competition in the 2000s. We test whether partners provide insurance against lost household earnings by increasing labour supply....
Persistent link: https://www.econbiz.de/10014373391
We empirically analyze the heterogeneous welfare effects of unemployment insurance and social assistance. We estimate a structural life-cycle model of singles' and married couples' labor supply and savings decisions. The model includes heterogeneity by age, education, wealth, sex and household...
Persistent link: https://www.econbiz.de/10014373654
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What are idiosyncratic shocks and how do people respond to them? This paper starts from the observation that idiosyncratic shocks are experienced at the individual level, but responses to shocks can encompass the whole household. Understanding and accurately modeling these responses is essential...
Persistent link: https://www.econbiz.de/10008824514