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By how much do employed households reduce their consumption when the aggregate unemployment rate rises? In Spain during … of their expectations on future income growth rates: the shadow of unemployment. Using consumption panel data that … the Great Recession a 1 percentage point increase in the unemployment rate was related to a strong drop in household …
Persistent link: https://www.econbiz.de/10010791506
balance sheet components. Unemployment results in a significant, long-term decline in income. Consumption decreases by about … consumption upon unemployment, while consistently dedicating a substantial part of their disposable income to mortgage commitments …We use detailed Norwegian administrative data to identify the income loss associated with the onset of unemployment and …
Persistent link: https://www.econbiz.de/10015179407
precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … unemployment. This suggests that at least some households can foresee and prepare for upcoming unemployment, which indicates that … private savings can to some extent serve as a substitute for publicly provided unemployment insurance. …
Persistent link: https://www.econbiz.de/10010319696
balance sheet components. Unemployment results in a significant, long-term decline in income. Consumption decreases by about … consumption upon unemployment, while consistently dedicating a substantial part of their disposable income to mortgage commitments …We use detailed Norwegian administrative data to identify the income loss associated with the onset of unemployment and …
Persistent link: https://www.econbiz.de/10015195398
precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … unemployment. This suggests that at least some households can foresee and prepare for upcoming unemployment, which indicates that … private savings can complement publicly provided unemployment insurance. …
Persistent link: https://www.econbiz.de/10011968442
precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … unemployment. This suggests that at least some households can foresee and prepare for upcoming unemployment, which indicates that … private savings can to some extent serve as a substitute for publicly provided unemployment insurance. …
Persistent link: https://www.econbiz.de/10009650600
precautionary saving and a shift toward safer assets in the years leading up to unemployment, and depletion of savings during … unemployment. This suggests that at least some households can foresee and prepare for upcoming unemployment, which indicates that … private savings can complement publicly provided unemployment insurance. …
Persistent link: https://www.econbiz.de/10009393021
Persistent link: https://www.econbiz.de/10011788865
Persistent link: https://www.econbiz.de/10011333802
or social support. Among the most significant correlative causes of poverty are: lack of money-unemployment, low salaries …, regarding the purchase and consumption decision. The approach and treatment of the poverty must be understand regarding to the …
Persistent link: https://www.econbiz.de/10011085412