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The economic security index: A new measure for research and policy analysis
Hacker, Jacob S.; Huber, Gregory Alain; Nichols, Austin; … - 2012
different groups are exposed to economic risk. As the ESI derives from a data-independent conceptual foundation, it can be …
Persistent link: https://www.econbiz.de/10010289981
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Firm consolidation and labor market outcomes
Dobbelaere, Sabien; McCormack, Grace; Prinz, Daniel; … - 2022
Using rich administrative data from the Netherlands, we study the consequences of firm consolidation for workers. For workers at acquired firms, takeovers are associated with a 8.5% drop in employment at the consolidated firm and a 2.6% drop in total labor income. These effects are persistent...
Persistent link: https://www.econbiz.de/10014480422
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Consumption inequality and family labor supply
Blundell, Richard; Pistaferri, Luigi; Saporta-Eksten, Itay - 2014
In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that incorporates household consumption and family labour supply decisions. We derive analytical expressions based on approximations for the dynamics of consumption, hours, and earnings...
Persistent link: https://www.econbiz.de/10011605701
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Measuring income risk
Burgess, Simon M.; Gardiner, Karen; Jenkins, Stephen P.; … - 2000
We provide a critique of the methods that have been used to derive measures of income risk and draw attention to the … importance of demographic factors as a source of income risk. We also propose new measures of the contribution to total income … risk of demographic and labour market factors. Empirical evidence supporting our arguments is provided using data from the …
Persistent link: https://www.econbiz.de/10010271921
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Einkommensumverteilung schwächt privaten Verbrauch
Brenke, Karl - In: DIW Wochenbericht 78 (2011) 8, pp. 2-12
Der private Verbrauch hat sich in den letzten Jahren in der Bundesrepublik nur schwach entwickelt. Stattdessen wurde vermehrt gespart. Ein großer Teil der Haushalte - 40 Prozent - kann allerdings kein Geld zurücklegen. Sparen können vor allem die Bezieher hoher Einkommen. Die zunehmende...
Persistent link: https://www.econbiz.de/10011602309
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Trends in the transitory variance of male earnings in the US, 1970 - 2004
Moffitt, Robert; Gottschalk, Peter - 2011
We estimate the trend in the transitory variance of male earnings in the U.S. using the Michigan Panel Study of Income Dynamics from 1970 to 2004. Using both an error components model as well as simpler but only approximate methods, we find that the transitory variance started to increase in the...
Persistent link: https://www.econbiz.de/10010285788
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The Provision of Local Public Services in a Risky Environment: An Application to Crime
Traub, Stefan - 2006
We state efficiency conditions for the provision of congestable local public goods that diminish individual-specific proprietary risks. The optimum level of such a public service is determined by equating the sum of the reductions of the expected property losses due to a better service level...
Persistent link: https://www.econbiz.de/10010296256
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Stochastische Unternehmensmodelle als Kern innovativer Ratingsysteme
Blum, Ulrich; Gleißner, Werner; Leibbrand, Frank - 2005
to meet their financial obligations. It is based on classical financial-statement approach, a direct inclusion of risk …
Persistent link: https://www.econbiz.de/10010269950
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Disentangling the R&D shortfall of the EU vis-á-vis the US
Erken, Hugo; van Es, Frank - 2007
This paper investigates the causes of the shortfall in private R&D expenditure of the EU compared to the US. It shows that differences in the structure of the two economies play only a minor role in explaining the R&D gap. Instead, the European R&D shortfall is mainly caused by a negative...
Persistent link: https://www.econbiz.de/10010273763
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International evidence on sticky consumption growth.
Carroll, Christopher D.; Slacalek, Jiri; Sommer, Martin - 2008
We estimate the degree of ‘stickiness’ in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of auto-correlation, with a stickiness...
Persistent link: https://www.econbiz.de/10011604932