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This report summarises the stylized facts from the fourth wave of the Eurosystem Household Finance and Consumption … Survey, which provides household-level data collected in a harmonised way in all 19 euro area countries, as well as in the … household assets and liabilities, income, and indicators of consumption and credit constraints. …
Persistent link: https://www.econbiz.de/10014314599
This paper explores the impact of income inequality on household indebtedness at the household level. Using the first … wave of the Eurosystem Household Finance and Consumption Survey data, the analysis sheds light on heterogeneous effects …
Persistent link: https://www.econbiz.de/10014433722
expectations. Extrapolative income expectations help explain state-dependent household debt cycles qualitatively and quantitatively …
Persistent link: https://www.econbiz.de/10014635678
. Information structure and labor supply decisions follow the Mirrleesian tradition. However, while the household's total …
Persistent link: https://www.econbiz.de/10010477883
Empirically analyzing household behavior usually relies on informal data preprocessing. That is, before an econometric … German micro-data on household expenditure to estimate equivalence scales as a specific example. Our results show that …
Persistent link: https://www.econbiz.de/10010458584
information structure and labor supply decisions follow the Mirrleesian tradition. However, while the household’s total …
Persistent link: https://www.econbiz.de/10010479336
We show that the discontinuity in the distribution of surveyed female income shares at the margin where a woman would outearn her partner is primarily driven by norm induced misreporting in surveys. We draw on unique Swiss data combining survey and administrative information for the same...
Persistent link: https://www.econbiz.de/10012842860
Bertrand, Kamenica and Pan (2015) document that in the U.S. there is a sharp discontinuity to the right of 1/2 in the distribution of households according to the share of income earned by the wife, which they attribute to the existence of a gender identity norm postulating that a wife should...
Persistent link: https://www.econbiz.de/10012911204
We show that the discontinuity in the distribution of surveyed female income shares at the margin where a woman would outearn her partner is primarily driven by norm induced misreporting in surveys. We draw on unique Swiss data combining survey and administrative information for the same...
Persistent link: https://www.econbiz.de/10012892274
The collective approach to household behavior relaxes the restrictive features of the unitary model by specifying … household welfare as a weighted combination of the individuals' utilities. But the weights are assumed fixed or exogenous to the … determined and simultaneously estimated with the household outcomes. The authors present Nepalese evidence that suggests that a …
Persistent link: https://www.econbiz.de/10012748554