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consumption, the precautionary saving channel and the investment-employment channel. Then, we use the household survey data (China … precautionary saving channel is more important in the urban household sample, while the investment-employment channel is more …Economic policy uncertainty is proven to have an important effect on household consumption. However, the literature on …
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information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information …We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …
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information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information …We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …
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