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wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households … both reduce their consumption and increase their savings in response to an exogenous decline in income. …This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During …
Persistent link: https://www.econbiz.de/10009477527
By how much do employed households reduce their consumption when the aggregate unemployment rate rises? In Spain during … of their expectations on future income growth rates: the shadow of unemployment. Using consumption panel data that … the Great Recession a 1 percentage point increase in the unemployment rate was related to a strong drop in household …
Persistent link: https://www.econbiz.de/10012530370
Clean renewable energy bonds (CREBs) present a low-cost opportunity for public entities to issue bonds to finance renewable energy projects. The federal government lowers the cost of debt by providing a tax credit to the bondholder in lieu of interest payments from the issuer. Because CREBs are...
Persistent link: https://www.econbiz.de/10009435846
literature is marred by poor controls for the common drivers both of house prices and consumption, including income, income … changes in the unemployment rate). For instance, while the easing of credit supply conditions is usually followed by a house … price boom, failure to control for the direct effect of credit liberalization on consumption canover-estimate the effect of …
Persistent link: https://www.econbiz.de/10009441500
organisations gain true value from the adoption and consumption of M-Business into their personal and working lives. Marketing to …
Persistent link: https://www.econbiz.de/10009441652
Research into adoption, acceptance and consumption of Information Technology (IT) within its diffusion cycle has been … experiences towards technology adoption and consumption present and future. It provides a novel multi-disciplinary and practical … and political capital resources differentiates consumer coping with complex technology consumption experiences. The …
Persistent link: https://www.econbiz.de/10009441728
Recent social spending inflation in China has led to its growth rate far exceeding that of income and other consumption … resulted consumption. However, our findings do not suggest that they are vehicles through which they could facilitate smoother … consumption against shocks. The result does not depend on how heterogeneous the shocks are. …
Persistent link: https://www.econbiz.de/10009443729
This report evaluates the U.S. and world sugar markets for 2005-2015 using the Global Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, population growth, weather conditions, and technological changes.Both the U.S. and...
Persistent link: https://www.econbiz.de/10009443975
This report evaluates the U.S. and world wheat markets for the 2005-2015 period using the Global Wheat Policy Simulation Model. This analysis is based on a series of assumptions about general economic conditions, agricultural policies, weather conditions, and technological change.Both the U.S....
Persistent link: https://www.econbiz.de/10009443980
This report evaluates the U.S. and world sugar markets for 2003-2013 using the Global Sugar Policy Simulation Model. This analysis is based on assumptions about general economic conditions, agricultural policies, population growth, weather conditions, and technological changes.Both the U.S. and...
Persistent link: https://www.econbiz.de/10009444010