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Using representative household surveys conducted in Thailand and Vietnam during the COVID-19 pandemic, we find that the … the savings position plays a crucial role, as the effects are especially pronounced for households that experienced a … decline in savings. This result contradicts a prediction from the life-cycle permanent income model with borrowing constraints …
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Average Derivative Estimation technique to estimate these coefficients of the aggregate relation in the Family Expenditure …
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) and the savings rates. Second, we compare the values and temporal evolution of income and consumption inequalities. The …
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-effect regression. length of migration, migration intensity, Vietnam. - Rücküberweisung, Wohlfahrt, Ausgabenstruktur …
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This paper sheds new light on the interactions between business cycles and the consumption distribution. We use Consumer Expenditure Survey data and a factor model to characterize the cyclical dynamics of the consumption distribution. We first establish that our approach is able to closely match...
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