Showing 1 - 10 of 24
We explore the possibility that a systematic relationship exists between employment within a particular type of contract and risk preference. We exploit a set of proxies for risk preference, whereby some of the proxies capture risk loving behaviour (expenditure on gambling, smoking and alcohol)...
Persistent link: https://www.econbiz.de/10009475665
Studies on globalisation suggest that a factor in the growth of nonstandard employment in developed economies has been the growing capacity of multinational corporations to arbitrage wage differentials across countries. This analysis applies in particular to industries subject to direct import...
Persistent link: https://www.econbiz.de/10009482136
The paper deals with margins of entrepreneurship where small business owners are almost working ontheir own having no or just a few employees and where one can find also people working with lowreturns and having firms without stability or prosperous dynamics. However, even the area...
Persistent link: https://www.econbiz.de/10009466404
We postulate a nonlinear DSGE model with a financial sector and heterogeneous households. In our model, the interaction between the supply of bonds by the financial sector and the precautionary demand for bonds by households produces significant endogenous aggregate risk. This risk induces an...
Persistent link: https://www.econbiz.de/10012524850
We study the link between culturally inherited household structure and wealth distribution in international comparisons … distribution. Imposing the Spanish household structure to the US wealth distribution has little effect on summary measures of … between these wealth distribution differences and wealth composition. Finally, we present results for the within …
Persistent link: https://www.econbiz.de/10012529955
, we analyze the constrained-efficient allocation of an Aiyagari economy with a fat-tailed wealth distribution. We find … that the constrained-efficient allocation features more wealth inequality than the competitive equilibrium …
Persistent link: https://www.econbiz.de/10012530491
Die zwei Ansätze sind konzeptionell gesehen zweckmäßige Berechnungswege,115um ihregesteckten Ziele zu erreichen. Um die Rentabilitätswirkung der Steuersysteme zu messenund zu vergleichen, muß bei dem Ansatz der effektiven Grenzsteuerbelastung auf eineentscheidungsneutrale...
Persistent link: https://www.econbiz.de/10009471905
The study of consumer behaviour has attracted much attention from researchers.Models have been postulated and re-postulated in many attempts to explain thedecision process of consumers as it changes over time and space, as well as indifferent environments such as culture, race and religion. The...
Persistent link: https://www.econbiz.de/10009440942
homestead wealth on use of nets purchased from the retail sector is well documented, however, the competing influence of mother … were collected at homestead, mother and child (aged < 5 years) levels. An assets-based wealth index was developed using … before the interview; 58% (327) of the nets used were purchased from the retail sector. Homestead wealth (adjusted OR = 10 …
Persistent link: https://www.econbiz.de/10009441399
This paper investigates the effects of wealth on consumer spending in the United States. A traditional life-cycle model … is estimated first. Although it does find a statistically significant wealth effect, its findings are unusable due to the … offered. First, wealth is divided into stock market and non-stock market components, second into liquid and illiquid …
Persistent link: https://www.econbiz.de/10009474974