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In this paper we analyze the relationship between unemployment and consumption. We study this relationship with panel … empirical results indicate that an increase in the duration of unemployment spells of male household heads is associated with … smaller consumption losses in Spanish and Italian households. We discuss this finding in the light of different market and …
Persistent link: https://www.econbiz.de/10009781654
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the rest of the economy via high unemployment and reduced labor earnings, which reduced household contributions to Social … economic shocks, and it also explores how people may react by changing their consumption, saving and investment, work and … both short- and long-term consumption, boost work effort, and defer retirement. Younger cohorts will initially reduce their …
Persistent link: https://www.econbiz.de/10009305828
Persistent link: https://www.econbiz.de/10009753350
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/10012603782
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consumption, income, or savings behavior. With longitudinal data on mothers and children from the Panel Study of Income Dynamics … find evidence of a decline in consumption, an increase in labor supply, and a decrease retirement savings, though the …The risk of labor market, health, and asset-value shocks comprise profound retirement savings challenges for older …
Persistent link: https://www.econbiz.de/10012195770
We estimate consumption dynamics in the G-7 economies, paying particular attention to the possibility of precautionary … consumption growth. As such, consumption in the G-7 economies is unlikely to be the engine that revives global growth. Differences … in the pace and timing of consumption moderation have implications for the evolution of global imbalances. With the U …
Persistent link: https://www.econbiz.de/10008561067
In this paper we analyse the relationship between unemployment and consumption. We study this relationship with panel … empirical results indicate that an increase in the duration of unemployment spells of male household heads is associated with … smaller consumption losses in Spanish and Italian households. We discuss this finding in the light of different market and …
Persistent link: https://www.econbiz.de/10005791504