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We provide a method to estimate resource shares - the fraction of total household expenditure allocated to each … household member - using OLS estimation of Engel curves. The method is a linear reframing of the nonlinear model of Dunbar … to data from 12 countries, and investigate resource shares, gender gaps, and poverty at the individual level. We reject …
Persistent link: https://www.econbiz.de/10012583605
Persistent link: https://www.econbiz.de/10012233255
This paper compares the main findings from the third wave of the Household Finance and Consumption Survey (HFCS) for … Malta with those for the euro area. This comparative report finds that in 2016 the median Maltese household held more real …
Persistent link: https://www.econbiz.de/10012253036
We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk …
Persistent link: https://www.econbiz.de/10011694737
This article summarizes the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS …. The HFCS provides household-level data on assets, liabilities, wealth and income. As such, it plays an important role in … macro statistics. The results also provide a glimpse of the impact of the COVID-19 pandemic on household balance sheets and …
Persistent link: https://www.econbiz.de/10014296471
This paper compares the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS) for … Malta with those for the euro area. This comparative report finds that in 2020 the median Maltese household held more real …
Persistent link: https://www.econbiz.de/10014416083
As a useful complement to numerous innovation policy studies from a normative perspective, this paper provides a positive framework to analyze the basic economic mechanism of energy technological innovation and explains its slow pace of technological progress. We find that the...
Persistent link: https://www.econbiz.de/10010251567
that households face and the actions that they can take to reduce consumption fluctuations, for instance by adjusting their … Policy, and Household Welfare,” funded by a grant from the Nuffield Foundation. The project documents that the dynamics of …
Persistent link: https://www.econbiz.de/10013327046
Persistent link: https://www.econbiz.de/10012939082
examines three facets of urban India's housing demand using the latest available nationally representative household data on … has been confined to low-income economic groups in 2018. Second, we analyse the housing consumption demand of low … income inelastic. Inelasticity or the lack of sensitivity of housing consumption demand to changes in price and income, is …
Persistent link: https://www.econbiz.de/10012390043