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choices over the life cycle. We start by analyzing the theoretical impact of income changes on consumption - highlighting the … contributions, distinguishing between papers that use only income data and those that use both income and consumption data. The …We discuss recent developments in the literature that studies how the dynamics of earnings and wages affect consumption …
Persistent link: https://www.econbiz.de/10003953272
choices over the life cycle. We start by analyzing the theoretical impact of income changes on consumption - highlighting the … contributions, distinguishing between papers that use only income data and those that use both income and consumption data. The …We discuss recent developments in the literature that studies how the dynamics of earnings and wages affect consumption …
Persistent link: https://www.econbiz.de/10012462738
contributions, distinguishing between papers that use only income data and those that use both income and consumption data. The …We discuss recent developments in the literature that studies how the dynamics of earnings and wages affect consumption … choices over the life cycle. We start by analyzing the theoretical impact of income changes on consumptionhighlighting the …
Persistent link: https://www.econbiz.de/10014025119
choices over the life cycle. We start by analyzing the theoretical impact of income changes on consumption - highlighting the … contributions, distinguishing between papers that use only income data and those that use both income and consumption data. The …We discuss recent developments in the literature that studies how the dynamics of earnings and wages affect consumption …
Persistent link: https://www.econbiz.de/10013144744
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This chapter is concerned with the identification and estimation of models of labor supply. The focus is on the key issues that arise from unobserved heterogeneity, nonparticipation and dynamics. We examine the simple “static” labor supply model with proportional taxes and highlight the...
Persistent link: https://www.econbiz.de/10014024946