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contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The … Italian households do not have access to significant insurance beyond self-insurance. …
Persistent link: https://www.econbiz.de/10011572286
the presence of insurance and saving instruments. Third, we consider savings and liquid asset holdings as a form of self-insurance … with insurance claims serving to alleviate the depletion of livestock holdings in the event of insurable idiosyncratic …
Persistent link: https://www.econbiz.de/10008861815
In early April 2020 we conducted a survey on a representative sample of more than 8,000 US households to study the effect of the coronavirus crisis on household income and retirement wealth, households' expectations about the recovery, and the impact of the shock on individuals' economic...
Persistent link: https://www.econbiz.de/10012208009
In early April 2020 we conducted a survey on a representative sample of more than 8,000 US households to study the effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and the impact of the shock on individuals’ economic...
Persistent link: https://www.econbiz.de/10012206687
Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We experimentally document that randomly offering poor rural households subsidies to migrate leads to a 40% improvement in risk sharing in their villages. We explain this finding using a...
Persistent link: https://www.econbiz.de/10012866354
Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We experimentally document that randomly offering poor rural households subsidies to migrate leads to a 40% improvement in risk sharing in their villages. We explain this finding using a...
Persistent link: https://www.econbiz.de/10012866724
Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We experimentally document that randomly offering poor rural households subsidies to migrate leads to a 40% improvement in risk sharing in their villages. We explain this finding using a...
Persistent link: https://www.econbiz.de/10012030472
Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We experimentally document that randomly offering poor rural households subsidies to migrate leads to a 40% improvement in risk sharing in their villages. Our model of endogenous migration...
Persistent link: https://www.econbiz.de/10012433427
use of a more accurate approximation allowing for partial self-insurance against permanent shocks. We show that the use of … data on median asset holdings corrects much of the error in the simple approximation which assumes no self-insurance …
Persistent link: https://www.econbiz.de/10010292985
growth. We use this approach to investigate the growth in income inequality in the UK in the 1980s. …
Persistent link: https://www.econbiz.de/10010275731