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income hypothesis. We develop an econometric model to decompose each family's reported income realization into an expected … and an unexpected components, then we estimate marginal propensities to save for each income component. The estimated … contemporary household data. Marginal propensities to save out of unexpected income shocks are large relative to propensities based …
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The paper examines the structure of inequality in Greece using the micro-data of a Household Budget Survey carried out in 1987/88.
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The objective of this study is to compare the effects on earnings across a pectrum of studies. Research on the topic has been very limited up to the 1990s, but the emergence of a number of comprehensive data sets has allowed considerable research into the topic. A cross paper comparison of the...
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