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We investigate, using the 2002 US Health and Retirement Study, the factors influencing individuals' insecurity and expectations about terrorism, and study the effects these last have on households' portfolio choices and spending patterns. We find that females, the religiously devout, those...
Persistent link: https://www.econbiz.de/10010303743
We investigate, using the 2002 US Health and Retirement Study, the factors influencing individuals' insecurity and expectations about terrorism, and study the effects these last have on households' portfolio choices and spending patterns. We find that females, the religiously devout, those...
Persistent link: https://www.econbiz.de/10003864066
consume of an unexpected, transitory, and positive income change, and by how much they would reduce their consumption in … response to an unexpected, transitory, and negative income change. The questionnaire distinguishes between relatively small … income changes (a one-month increase or drop in income), and relatively larger ones (equal to three months of income). The …
Persistent link: https://www.econbiz.de/10012963369
for the young and the self-employed, and is correlated positively with income risk. We insert these subjective …
Persistent link: https://www.econbiz.de/10013000340
consume of an unexpected, transitory, and positive income change, and by how much they would reduce their consumption in … response to an unexpected, transitory, and negative income change. The questionnaire distinguishes between relatively small … income changes (a one-month increase or drop in income), and relatively larger ones (equal to three months of income). The …
Persistent link: https://www.econbiz.de/10012960015
for the young and the self-employed, and is correlated positively with income risk. We insert these subjective …
Persistent link: https://www.econbiz.de/10012936705
We use the responses of a representative sample of Dutch households to survey questions that ask how much their consumption would change in response to unexpected, permanent, positive or negative shocks to their home value. The average MPC is in the 2.1-4.7% range, in line with econometric...
Persistent link: https://www.econbiz.de/10012868834
for the young and the self-employed, and is correlated positively with income risk. We insert these subjective …
Persistent link: https://www.econbiz.de/10012970398
We investigate, using the 2002 US Health and Retirement Study, individuals' insecurity and expectations about terrorism, and their effects on household financial decisions. We find that those without any military experience, the less educated, the more religious and females worry a lot about...
Persistent link: https://www.econbiz.de/10012710884
We investigate, using the 2002 US Health and Retirement Study, the factors influencing individuals' insecurity and expectations about terrorism, and study the effects these last have on households' portfolio choices and spending patterns. We find that females, the religiously devout, those...
Persistent link: https://www.econbiz.de/10010958603