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What can we learn about household consumption expenditure from data on income and assets?
Eika, Lasse; Mogstad, Magne; Vestad, Ola Lotherington - 2020
the change in wealth over the period. The goal of this paper is to examine the advantages and difficulties of using this … on income and wealth to other administrative data with information on financial and real estate transactions. Using this …
Persistent link: https://www.econbiz.de/10012172449
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Does Inequality Matter for the Consumption-Wealth Channel? Empirical Evidence
Arrondel, Luc - 2017
This paper studies the heterogeneity of the marginal propensity to consume out of wealth based on French household … surveys. This heterogeneity is driven by differences in both wealth composition and wealth levels. We find a decreasing … marginal propensity to consume out of wealth across the wealth distribution for all net wealth components. The marginal …
Persistent link: https://www.econbiz.de/10012944978
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Does inequality matter for the consumption-wealth channel? : empirical evidence
Arrondel, Luc; Lamarche, Pierre; Savignac, Frédérique - 2017
This paper studies the heterogeneity of the marginal propensity to consume out of wealth based on French household … surveys. This heterogeneity is driven by differences in both wealth composition and wealth levels. We find a decreasing … marginal propensity to consume out of wealth across the wealth distribution for all net wealth components. The marginal …
Persistent link: https://www.econbiz.de/10011735887
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Predictable Life-Cycle Shocks, Income Risk and Consumption Inequality
Primiceri, Giorgio E. - 2006
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...
Persistent link: https://www.econbiz.de/10012733915
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Consumption Inequality Across Heterogeneous Families
Theloudis, Alexandros - 2017
inequality, preference heterogeneity and heterogeneity in wealth, and I show that preference heterogeneity always increases …
Persistent link: https://www.econbiz.de/10012941065
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Inequality for Wage Earners and Self-Employed : Evidence from Panel Data
Albarran, Pedro - 2007
In this paper we study the evolution of income inequality for employees and self-employed workers. We highlight the importance of separately analyzing these different sources of income to gain a broader understanding of inequality. Using Spanish panel data on income and consumption from the ECPF...
Persistent link: https://www.econbiz.de/10012728802
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Life Cycle Income and Consumption Patterns in Transition
Kolasa, Aleksandra - 2013
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
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Heterogeneous Life-Cycle Profiles, Income Risk and Consumption Inequality
Primiceri, Giorgio E.; van Rens, Thijs - 2021
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...
Persistent link: https://www.econbiz.de/10013325209
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Heterogeneous Life-Cycle Profiles, Income Risk and Consumption Inequality
Primiceri, Giorgio E.; van Rens, Thijs - 2007
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...
Persistent link: https://www.econbiz.de/10014225377
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Income Inequality, Consumption, and Social-Status Seeking
Ye, Jin - 2011
the wealth level that is required for status upgrading. We also find that the negative effect of income inequality on …
Persistent link: https://www.econbiz.de/10013133561