Showing 1 - 10 of 27,866
We investigate partial insurance and group risk sharing in extended family networks. Our approach is based on … insured, having accounted for public insurance programs. We apply our framework to extended family networks in the United … decomposing income shocks into group aggregate and idiosyncratic components, allowing us to measure the extent to which each is …
Persistent link: https://www.econbiz.de/10011210466
We investigate partial insurance and group risk sharing in extended family networks. Our approach is based on … insured, having accounted for public insurance programs. We apply our framework to extended family networks in the United … decomposing income shocks into group aggregate and idiosyncratic components, allowing us to measure the extent to which each is …
Persistent link: https://www.econbiz.de/10011240581
There is vast literature examining how households’ income and consumption change over the life cycle. These studies … investigating the life cycle profiles and relative income mobility in a transition economy, facing rapid structural economic and … social changes, such as Poland. It is shown that, in contrast to the US, where income inequality over the life cycle follows …
Persistent link: https://www.econbiz.de/10010603803
There is vast literature examining how households’ income and consumption change over the life cycle. These studies … investigating the life cycle profiles and relative income mobility in a transition economy, facing rapid structural economic and … social changes, such as Poland. I show that, in contrast to the US, where income inequality over the life cycle follows a …
Persistent link: https://www.econbiz.de/10010612957
Current Population Survey, the Panel Study of Income Dynamics, the Consumer Expenditure Survey, and the Survey of Consumer … earnings, to disposable income, and, ultimately, to consumption and wealth. We document a continuous and sizable increase in … before 1982, but mitigate its increase thereafter. Taxes and transfers compress the level of income inequality, especially at …
Persistent link: https://www.econbiz.de/10008487509
We evaluate the impact of increased income uncertainty and financial liberalisation in the US on consumption volatility …
Persistent link: https://www.econbiz.de/10011199810
the one hand, as wage uncertainty rises, so does the cost associated with missing insurance markets. On the other hand …
Persistent link: https://www.econbiz.de/10005123728
cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … and the cyclical fluctuations in income inequality. The rise in income inequality was stronger at the bottom of the … distribution. Consumption inequality increased less than disposable income inequality, and tracked the latter much more closely at …
Persistent link: https://www.econbiz.de/10008509469
cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … and the cyclical fluctuations in income inequality. The rise in income inequality was stronger at the bottom of the … distribution. Consumption inequality increased less than disposable income inequality, and tracked the latter much more closely at …
Persistent link: https://www.econbiz.de/10008487510
of their expectations on future income growth rates: the shadow of unemployment. Using consumption panel data that …
Persistent link: https://www.econbiz.de/10010791506