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In this paper, we conduct a dynamic panel analysis of the determinants of the household saving rate in China using a … life cycle model and panel data on Chinese provinces for the 1995-2004 period from China's household survey. We find that … China's household saving rate has been high and rising and that the main determinants of variations over time and over space …
Persistent link: https://www.econbiz.de/10010332228
some economic models of household decision-making. Subjects make choices individually and jointly and are asked to make …
Persistent link: https://www.econbiz.de/10010319027
This paper maps key indicators of household structure across all countries for all countries of the expanded European … Union except Malta. As well as presenting statistics which take the entire household as the unit of analysis, we also focus … on groups which are particularly interesting in terms of social policy, and for whom household composition may be …
Persistent link: https://www.econbiz.de/10010288903
household consumption economies of scale increase as the living standard of a household increases. …
Persistent link: https://www.econbiz.de/10010296361
Over the last decades, there has been plenty of research and articles on Political Business Cycles (PBC), aiming at analyzing and explaining the use of fiscal and monetary instruments to stimulate economic growth before elections, to impress the voters. Following other researches for PBC in...
Persistent link: https://www.econbiz.de/10010300813
American households have received a triple dose of bad news since the beginning of the current recession: The greatest collapse in asset values since the Great Depression, a sharp tightening in credit availability, and a large increase in unemployment risk. We present measures of the size of...
Persistent link: https://www.econbiz.de/10010303694
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
Standard economic theory implies that the labelling of cash transfers or cash-equivalents (e.g. child benefits, food stamps) should have no effect on spending patterns. The empirical literature to date does not contradict this proposition. We study the UK Winter Fuel Payment (WFP), a cash...
Persistent link: https://www.econbiz.de/10010331005
services is related to household characteristics, bank ownership structure and the development of the financial infrastructure …. At the household level we find that the holding of a bank account or bank card increases with income, wealth and …
Persistent link: https://www.econbiz.de/10011605341
We explore how fiscal consolidations affect private sector confidence, a possible channel for the fiscal transmission that has received particular attention recently as a result of governments embarking on austerity trajectories in the aftermath of the crisis. Panel regressions based on the...
Persistent link: https://www.econbiz.de/10011605815