Using household level data for France from 1990 to 2000, we estimate a relationship between wages and unemployment …

This paper examines the role of alternative assumptions on savings and expectations for the fixwage traverse with … under the Hicksian Q-Assumption are investigated. Subsequently, the consequences of several savings functions consistent … technological unemployment emerges. Additionally, the assumption of adaptive expectations is introduced, in which case technological …

accumulation. Per dollar of income, workers with more stable careers hold more wealth. We also develop a life-cycle consumption …, consumption, and wealth dynamics. Using the structural model, we explore the consequences of heterogeneity in job stability at the …-lasting scars. The income and consumption level for a worker who starts working life from an unstable job is, even 25 years later, 5 …

accumulation. Per dollar of income, workers with more stable careers hold more wealth. We also develop a life-cycle consumption …, consumption, and wealth dynamics. Using the structural model, we explore the consequences of heterogeneity in job stability at the …-lasting scars. The income and consumption level for a worker who starts working life from an unstable job is, even 25 years later, 5 …

positive impact on consumption (by reducing precautionary saving). Takeaways •The strength of the labour market and the rising …

consumption expenditure per capita and increasing the probability of falling into consumption poverty, it has no effect on wealth … and the status of wealth poverty. Decomposing consumption expenditure per capita into food, education, and other non …-food components, the results further reveal that it alters the composition of consumption, as it solely affects food consumption …

Based on a dynamic life cycle model, this study analyzes health-related risks of consumption and old-age poverty. The … annual consumption of about 10% and account for more than two-thirds of the cases of old-age poverty. Annuity markets that … account for differences in the longevity risk by health status can effectively reduce the consumption risks, but only slightly …