Showing 1 - 10 of 5,694
Persistent link: https://www.econbiz.de/10003757726
The ratio of consumption to total household wealth (i.e., tangible assets plus unobserved human wealth) is commonly … calculated from the estimation of a log-linear version of the household intertemporal budget constraint as a cointegrating … component in the consumption equation. The consumption-to-wealth ratio calculated from this model is much less persistent than …
Persistent link: https://www.econbiz.de/10011844588
Swarnajayanti Gram Swarozgar Yojana (SGSY) is a government-sponsored microfinance program. The scheme is based on four features: group lending with joint liability, progressive lending, back-ended subsidy, and social capital. We propose a new model of SGSY having these features: group lending...
Persistent link: https://www.econbiz.de/10010489777
Persistent link: https://www.econbiz.de/10001780529
Persistent link: https://www.econbiz.de/10001215454
Persistent link: https://www.econbiz.de/10001217016
Persistent link: https://www.econbiz.de/10001218280
Persistent link: https://www.econbiz.de/10001163779
The main purpose of this paper is to investigate the West-German consumption process depending on wealth and income … strong influence of wealth innovations. Moreover, income and consumption reactions present outstanding seasonal pattern …
Persistent link: https://www.econbiz.de/10014221600
Persistent link: https://www.econbiz.de/10011595980