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on 387 calorie-income elasticities collected from 90 primary studies, our results identify that the threshold income for …
Persistent link: https://www.econbiz.de/10010353355
alternative approach is to use the accounting identity that total household spending is equal to income plus capital gains minus … on income and wealth to other administrative data with information on financial and real estate transactions. Using this … second is a study of the transmission of income shocks to household consumption. …
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Life expectancy for Blacks is about 8 year shorter than for Whites. A shorter life expectancy, in line with the theoretical prediction of a simple model, determines a much lower amount of savings and wealth accumulation and therefore a lower degree of insurance. This, in turn, contributes to...
Persistent link: https://www.econbiz.de/10012488486
from similar positions in the consumption distribution Blacks end up in lower percentiles than Whites. Education, income …
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Significant departures from log normality are observed in income data, in violation of Gibrat’s law. We identify a new … log normal than the distribution of income. We explain these empirical results by showing that the logic of Gibrat’s law … applies not to total income, but to permanent income and to maginal utility. These findings have important implications for …
Persistent link: https://www.econbiz.de/10010292940