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terms of both consumption and leisure time. Drawing on household panel data in rural Mexico, I find that migration increases … non-migrants' consumption, but that this consumption gain cannot be explained by labor supply adjustments. Migration …
Persistent link: https://www.econbiz.de/10011572022
profiles of consumption that results from differential mortality when estimating the age profiles on cross-sectional data or on …It is well-established that differential mortality according to wealth or income introduces bias into age profiles of … association is also found with consumption, and if so, how strong this association is. In this paper we use panel data on total …
Persistent link: https://www.econbiz.de/10013118343
We study the effect of within-household mortality on the evolution of household per capita consumption. Relying on a … support for the hypothesis that the evolution of household consumption is not affected by within-household mortality. … consumption caused by the death of a household member. Our findings indicate that a household's ability to smooth consumption …
Persistent link: https://www.econbiz.de/10012256093
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dynamics of a country's growth, consumption, and sovereign debt, assuming that the government's objective is to maximize short … government's effective horizon can incentivize it to adopt policies that result in higher steady-state household consumption than … successor governments repress as well. This leads to a “growth trap” where household steady-state consumption is lower than if …
Persistent link: https://www.econbiz.de/10012839301
dynamics of a country's growth, consumption, and sovereign debt, assuming that the government's objective is to maximize short … government's effective horizon can incentivize it to adopt policies that result in higher steady-state household consumption than … successor governments repress as well. This leads to a “growth trap” where household steady-state consumption is lower than if …
Persistent link: https://www.econbiz.de/10012839380
the dynamics of a country’s growth, consumption, and sovereign debt, assuming that the government is myopic and wants to … higher steady-state household consumption than if it could not borrow. However, in a developing country that saves little … governments repress as well. This leads to a “growth trap” where household steady-state consumption is lower than if the …
Persistent link: https://www.econbiz.de/10013315312