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private consumption has been due to the stagnation of household income and of household wealth and the relative stability of … consumption (such as GDP, household incomes, household saving rates, household wealth, and employment conditions) in the Group of …In this paper, we present data on recent trends in private consumption and in possible determinants of private …
Persistent link: https://www.econbiz.de/10010332369
income and expenses are positive and statistically significant with client households experiencing greater positive effects …This paper examines the borrowing behavior of the households and the suitability of the loans obtained from the … community oriented financial intermediary (COFI) and reinforces the significance of using a household approach in evaluating the …
Persistent link: https://www.econbiz.de/10011429725
and for the subsample of unconstrained households. These results suggest that the life cycle/permanent income hypothesis …We use micro data on young married households from the Japanese Panel Survey of Consumers in order to analyze the … importance of borrowing constraints in Japan. We find (1) that 8 to 15 percent of young married Japanese households are borrowing …
Persistent link: https://www.econbiz.de/10010332375
We use micro data from the U.S. Internal Revenue Service to document how households' tax liabilities vary with income … more unequally distributed than income. The top 5% (1%) of households account for 54% (34.8%) of total tax liabilities …, while top 5% (1%) of households have 34.8% (20.3%) of total income. We also provide parametric estimates of tax functions …
Persistent link: https://www.econbiz.de/10010278342
household surveys conducted in 1995 and 2002. The surveys collected rich information on household wealth and its components …, enabling a detailed analysis of changes in wealth distribution among Chinese households. Our analysis indicates that the wealth … apartments were sold to urban households at extremely low prices, has accelerated the accumulation of wealth among urban …
Persistent link: https://www.econbiz.de/10010284731
Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality and find that inequality … shocks. The response of consumption to permanent and transitory income shocks becomes weaker later in the sample, consistent …We construct key household and individual economic variables using a panel micro data set from the Russia Longitudinal …
Persistent link: https://www.econbiz.de/10010269374
This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK … - had some success in encouraging households to bring forward some durable purchases. …
Persistent link: https://www.econbiz.de/10010331050
We use direct evidence on credit constraints to study their importance for household consumption growth and for welfare … who are currently unconstrained and who are able to borrow if needed, consumption responds to transitory income. …. We distentangle the direct effect on consumption growth of a currently binding credit constraints from the indirect …
Persistent link: https://www.econbiz.de/10010500185
This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK … households to increase durable purchases. …
Persistent link: https://www.econbiz.de/10010500198
not clear cut. Contrary to the usual practice of considering the allocation of household income over consumption and … saving to be the result of one particular household’s member decision, we present here a more individually based analysis of …On the basis of a concatenation of fifteen Belgian household budget surveys from 1995/96 to 2010, we investigate the …
Persistent link: https://www.econbiz.de/10011506806