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We study the cause-effects of status-seeking options to the possibility of earning environmental income if the … for environmental amenities that means to earn environmental income if people want to follow others in a proportional … status-seeking income effects which ultimately determine the quality of environmental conservation. Survey statistics reflect …
Persistent link: https://www.econbiz.de/10012854906
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use … panel data on family income, and an index of investments in children in time and goods, from the Children of the National … partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is …
Persistent link: https://www.econbiz.de/10013023770
decomposing income shocks into group aggregate and idiosyncratic components, allowing us to measure the extent to which each is … States by exploiting the unique intergenerational structure of the PSID. We find that over 60% of shocks to household income …
Persistent link: https://www.econbiz.de/10013025562
towards income risk in a country where many employment and health-related risks are generously covered by a tax financed …
Persistent link: https://www.econbiz.de/10012931589
transfer payday, an anticipated and transitory income shock. We find that food consumption and food security do not change … higher than median transfer dependence. Conversely, health and employment shocks (unexpected and less transitory income …
Persistent link: https://www.econbiz.de/10012550048
food is readily available, we use of Engel's law in reciprocal form to measure affluence. Analysis of real income data for … present the results in the form of stochastic cross-country income comparisons …
Persistent link: https://www.econbiz.de/10012707276
functional form assumptions in previous PW applications. The estimated sizes of income underreporting in absolute monetary … amounts are almost constant over reported income levels, whereas previous studies have assumed that the underreporting is … proportional to income. …
Persistent link: https://www.econbiz.de/10012582761
I show that individuals whose unemployment risk tends to increase more when local home prices fall optimally invest less in owner-occupied housing. Using a unique, Swedish register-based database, I find that a one standard deviation increase in the covariance between individually estimated...
Persistent link: https://www.econbiz.de/10013034825
propensity to insure against independent marketable risks. We apply these predictions to the specific case of labor income risk … and car insurance using data from the UK. The main empirical results are: -higher labor income risk induces a higher … demand for car insurance. -the effects of increases in labor income risk after 1979 seem to be more than offset by a more …
Persistent link: https://www.econbiz.de/10013321044
national income estimates of consumption, suggesting that payments data might contribute to a solution. Though imperfect, these …
Persistent link: https://www.econbiz.de/10011662584