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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
In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set … that there are substantial differences between the permanent and transitory income determinants - also in terms of the … direction of the effects. Moreover, we find that income effects often differ significantly in size and sometimes sign according …
Persistent link: https://www.econbiz.de/10011308440
In this paper, we estimate consumption in the first wave of the Eurosystem Household Finance and Consumption Survey for a subset of countries that account for around 85% of the aggregate final consumption expenditure of households in the euro area. For this purpose we use the methodology...
Persistent link: https://www.econbiz.de/10011664054
decomposing disposable income into labour, property and transfer income is essential for understanding and forecasting consumption …. Finally, substantial crosscountry heterogeneity in marginal propensities to consume out of income and wealth components calls …
Persistent link: https://www.econbiz.de/10012135921
on the relative importance of savings by lower, middle and upper income groups for single-child families and for all … households, this study also demonstrates that the savings decisions depend heavily on the level of household income. Single …
Persistent link: https://www.econbiz.de/10011967989
I study the labor market risks associated with being self-employed. I document that the self-employed are subject to larger earnings fluctuations than employees and that they frequently transition into unemployment. Given the self-employed are not eligible to unemployment insurance, I analyze...
Persistent link: https://www.econbiz.de/10014581780
approach is the parameterisation of the information content regarding future income changes. In addition to the information … regarding time series properties of the historical development of labour income, consumers have also period-specific information … on future income realisations. Estimation results support the hypothesis that, although front-loaded, consumers have a …
Persistent link: https://www.econbiz.de/10009635925
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/10012625333
- relative to older borrowers has played a major role in easing the debt repayment burden in the presence of large income shocks …. Notwithstanding historically low interest rates, we show that income shocks are the main factor contributing to mortgage repayment …
Persistent link: https://www.econbiz.de/10011804377
from similar positions in the consumption distribution Blacks end up in lower percentiles than Whites. Education, income …
Persistent link: https://www.econbiz.de/10014374405