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The strength of the relationship between low wages and household needs has become an important measure of the … effectiveness of Australia's employment safety net. This paper reviews the recent treatment of the needs issue in safety net minimum … nationwide household surveys. I develop a method of identifying low-wage earners in sectors with high award reliance, and use it …
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We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …
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hand, we try to identify the consequences of such process in the evolution of income and consumption inequalities. The … determinants of consumer behaviour, namely, on consumption, saving and debt. The empirical study consists of a descriptive analysis …) and the savings rates. Second, we compare the values and temporal evolution of income and consumption inequalities. The …
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Housing wealth is about one half of household net worth, and consumption is a considerable fraction (about two thirds … consumption in the same direction. This observation has led many economists, commentators and policy makers to study how housing … wealth and consumption are linked together. A sizable portion of the comovement between housing wealth and consumption …
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