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that "overemployment" - working more hours than desired - has negative effects on different measures of self …
Persistent link: https://www.econbiz.de/10009407555
The usufruct mortgage has received little attention from economists. This paper develops and analyzes a theoretical framework in which the borrower, who mortgages out, and the lender, who mortgages in, a parcel of land reach their decisions in a risky environment when credit and land markets...
Persistent link: https://www.econbiz.de/10011644501
This paper discusses the determinants of and the barriers to formal saving both from the theoretical point of view and based on empirical evidence from various associated interventions and their possible effects at the micro and macroeconomic levels. It presents a comprehensive review of the...
Persistent link: https://www.econbiz.de/10011588558
This paper summarizes and outlines some interesting issues that arose during a recent workshop on Consumer Behavior and Payment Choice, hosted by the Federal Reserve Bank of Boston's Emerging Payments Research Group (EPRG) on July 25, 2008. Topics addressed are the consumer adoption of new...
Persistent link: https://www.econbiz.de/10003810065
If income pooling indicates primary earners' willingness to trade part of their income with spouses who earn less and work more in household production, then among specialized couples income pooling will be positively associated with the price of commercial domestic services, substitutes for...
Persistent link: https://www.econbiz.de/10009315280
In the context of a collective household choice model, we show that the effects of improved credit access on search intensity by the unemployed are heterogeneous across households and dependent on the within-household bargaining power of the unemployed. We find empirical support for the...
Persistent link: https://www.econbiz.de/10010475363
The existing literature suggests that when the saving decision of two-earner households under risk is analysed, standard results on the existence of precautionary saving no longer apply: precautionary saving is obtained if and only if very stringent conditions hold. This paper shows that when...
Persistent link: https://www.econbiz.de/10009613678
Households tend to hold substantial amounts of non-financial assets in the form of inventory. Households can obtain significant financial returns from strategic shopping and optimally managing these inventories of consumer goods. In addition, they choose to maintain liquid savings – household...
Persistent link: https://www.econbiz.de/10012271205
Households tend to hold substantial amounts of non-financial assets in the form of inventory. Households can obtain significant financial returns from strategic shopping and optimally managing these inventories of consumer goods. In addition, they choose to maintain liquid savings - household...
Persistent link: https://www.econbiz.de/10012421080
underemployment on transitions from employment and self-employment into other labour market states. It confirms that overemployment is … hours, both upward and downward than are employees. A new index of underemployment is used to show that for the UK, since … the onset of the Great Recession, underemployment among older workers has been growing more rapidly than unemployment …
Persistent link: https://www.econbiz.de/10009786943