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Using micro-level data, we document a systematic, income-related component in household income forecast errors. We show … persistence of their income process. We then investigate the implications of these distortions on consumption and savings behavior …
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What is the impact of raising the minimum wage on family incomes? To test this, I use data from Australia, a country … overseas born. About one-third of near-minimum wage workers are the sole worker in their household. Due to low labor force …
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hand, we try to identify the consequences of such process in the evolution of income and consumption inequalities. The … determinants of consumer behaviour, namely, on consumption, saving and debt. The empirical study consists of a descriptive analysis …) and the savings rates. Second, we compare the values and temporal evolution of income and consumption inequalities. The …
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