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This study examines the impact of a joint financial literacy and women’s empowerment training programme on household consumption as a welfare indicator. Using data collected from a randomised controlled trial conducted in Ghana, we tested for baseline balance and applied ordinary least squares...
Persistent link: https://www.econbiz.de/10013241152
What model features and calibration strategies yield a large average marginal propensity to consume (MPC) in heterogeneous agent models? Through a systematic investigation of models with different preferences, dimensions of ex-ante heterogeneity, income processes and asset structure, we show...
Persistent link: https://www.econbiz.de/10013279374
What model features and calibration strategies yield a large average marginal propensity to consume (MPC) in heterogeneous agent models? Through a systematic investigation of models with different preferences, dimensions of ex-ante heterogeneity, income processes and asset structure, we show...
Persistent link: https://www.econbiz.de/10013210041
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savings. Households across the income distribution all cut spending from March to early April. Since mid April, spending has …We use U.S. household-level bank account data to investigate the heterogeneous effects of the pandemic on spending and …, relative to their pre-pandemic shares. Taken together, our results suggest that spending declines in the initial months of the …
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the consumption level of all households who are perceived to be richer, on household savings and consumption. When …
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