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2002-2009. Using a representative household panel, we find that the consumption response to minimum wage income shock is …The paper evaluates the impact of the Chinese minimum wage policy on consumption of low-wage households for the period … increasing in the minimum wage share of household income and that poorer households fully consume their additional income. The …
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Using micro-level data, we document a systematic, income-related component in household income forecast errors. We show … persistence of their income process. We then investigate the implications of these distortions on consumption and savings behavior …
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COVID-19 outbreak. It uses granular financial data from weekly household interviews covering six weeks before the first case … income from gifts and remittances reduced by more than one third since the start of the pandemic. Nevertheless, household … together and despite their affected livelihoods, households managed to keep food consumption at par, but this came at the cost …
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COVID-19 is likely to have a large impact on the welfare of Tunisian households. First, some individuals might be more vulnerable to contracting the disease because their living conditions or jobs make them more susceptible to meeting others or practicing social distancing. Lack of adequate...
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