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Consumption partial insurance of Spanish households
Casado, Jose Maria - Banco de España - 2012
shocks at country and regional level. I compute insurance capacity using the Spanish Continuous Family Expenditure Survey … panel data information. I find some partial insurance for permanent shocks and a downward bias when imputed data are used … obtain that durable purchases are a source of insurance with respect to transitory shocks and the effect of family income …
Persistent link: https://www.econbiz.de/10010678680
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Partial Insurance and Investments in Children
Carneiro, Pedro; Ginja, Rita - Nationalekonomiska Institutionen, Uppsala Universitet - 2012
partial insurance of parental investments against permanent income shocks, and we cannot reject the hypothesis full insurance …
Persistent link: https://www.econbiz.de/10010818883
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Malthusian stagnation is efficient
Córdoba Muñoz, Juan C.; Liu, Xiying - In: Theoretical Economics 17 (2022) 1, pp. 415-460
"Malthusian stagnation" result. Furthermore, optimal allocations exhibit inequality, differential fertility, random consumption …
Persistent link: https://www.econbiz.de/10013189017
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Everyday administrative burdens and inequality
Martin, Lucie; Delaney, Liam; Doyle, Orla - 2022
Administrative burdens may deepen inequality by creating costly experiences for vulnerable groups. Research to date …
Persistent link: https://www.econbiz.de/10013198558
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Malthusian stagnation is efficient
Córdoba Muñoz, Juan C.; Liu, Xiying - In: Theoretical economics : TE ; an open access journal in … 17 (2022) 1, pp. 415-460
"Malthusian stagnation" result. Furthermore, optimal allocations exhibit inequality, differential fertility, random consumption …
Persistent link: https://www.econbiz.de/10012806950
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Everyday administrative burdens and inequality
Martin, Lucie; Delaney, Liam; Doyle, Orla - 2022
Administrative burdens may deepen inequality by creating costly experiences for vulnerable groups. Research to date …
Persistent link: https://www.econbiz.de/10012806014
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Partial insurance in Japan
Kubota, Kohei - In: The Japanese economic review : the journal of the … 72 (2021) 2, pp. 299-328
Persistent link: https://www.econbiz.de/10012498718
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Monetary policy and the redistribution channel in the euro area
Pekanov, Atanas - 2024
Monetary policy has implicit redistribution effects for households when households are different. This changes the aggregate consumption response to interest rate changes. This paper is the first to estimate the magnitude of redistributionary channels of monetary policy in the euro area. When...
Persistent link: https://www.econbiz.de/10014563982
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Monetary policy and the redistribution channel in the euro area
Pekanov, Atanas - 2024
Monetary policy has implicit redistribution effects for households when households are different. This changes the aggregate consumption response to interest rate changes. This paper is the first to estimate the magnitude of redistributionary channels of monetary policy in the euro area. When...
Persistent link: https://www.econbiz.de/10014545241
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The Distribution of wealth and the MPC: implications of new European data
Carroll, Christopher D.; Slacalek, Jiri; Tokuoka, Kiichi - 2014
ranges between 0.1 and 0.4 and is stronger (i) in economies with large wealth inequality, where a larger proportion of …
Persistent link: https://www.econbiz.de/10011605693