Showing 1 - 10 of 2,565
We study the role of household saving behaviour, of individual motives for saving and that of perceived liquidity … constraints in 15 Euro Area countries. The empirical analysis is based on the Household Finance and Consumption Survey, a new … harmonized data set collecting detailed information on wealth holdings, consumption and income at the household level. Since the …
Persistent link: https://www.econbiz.de/10010388544
consumption-saving behavior. We construct a novel consumption-saving model where the household must infer the persistent component …
Persistent link: https://www.econbiz.de/10012928282
that are common in developing countries. Based on a collective household model, we develop a new methodology to identify … the intra-household allocation of resources and the extent of consumption sharing. We apply our methodology using data … existing poverty calculations that ignore either intra-household inequality or economies of scale in consumption, ours take …
Persistent link: https://www.econbiz.de/10012389002
This paper applies recent developments in collective model estimation to elicit the household resource sharing rule, i ….e. the amount of household resources accruing to fathers, mothers, and their children among African families in South Africa … specific household members, to be used for identification. We rely on a collective model of household consumption that accounts …
Persistent link: https://www.econbiz.de/10011628207
single equation approach, is based on the specific category of household expenditures and the arbitrarily defined household … income and self-employment income, and uses information on all the household current consumption categories. The single …
Persistent link: https://www.econbiz.de/10011877670
We investigate the relationship between the individual and household indirect utility functions in the context of a … collective household model. Our analysis produces new results that explain how the rule governing the distribution of resources … among household members is related to the measurement of household welfare and intra-household inequality. We show that in a …
Persistent link: https://www.econbiz.de/10011856707
Studies of inequality often ignore resource allocation within the household. In doing so they miss an important element … intrahousehold allocation of resources and welfare. We show how the sharing rule, which characterizes the within-household … allocations, can be identified from data on household consumption and labor supply. We also argue that a measure based on …
Persistent link: https://www.econbiz.de/10014025329
There is vast literature examining how households’ income and consumption change over the life cycle. These studies, however, are usually restricted to developed economies. The main objective of this paper is to add to this literature by investigating the life cycle profiles and relative...
Persistent link: https://www.econbiz.de/10014161372
household level. This article examines the effect of natural disasters on household income, expenditure, poverty and inequality … using the Vietnam Household Living Standard Survey in 2008. The effects of a natural disaster on household income and … household per capita income and expenditure, respectively. Natural disasters demonstrably worsen expenditure poverty and …
Persistent link: https://www.econbiz.de/10014348882
This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …
Persistent link: https://www.econbiz.de/10009377290