We evaluate the impact of loan-to-value restrictions on household financial vulnerability. Using Norwegian tax data, we first document a beneficial leverage effect, in which households respond to the regulation by reducing house purchase probabilities, debt and interest expenses. Second, we...

This paper investigates how monetary expansion affects household consumption and savings through household debts. Using monetary policy cuts in China in the end of 2008 as an experiment, we find that the resulted increase in indebted households’ disposable income leads to increasing...

This paper develops a new class of poverty and inequality measures we call common prosperity. This measure complements existing classes of measures and allows decomposition across income sources or components of consumption expenditure. This framework enables us to study the trade-off between...

Because of the travel uncertainties related to the pandemic, the conference dates are tentative and subject to change. The objective of this special IARIW-TNBS conference will be to advance our understanding on issues related to measuring national accounts, prices, productivity, income and...

Using OeNB Euro Survey data from fall 2020, we will briefly address the questions: Who has been affected by the covid-19 pandemic and how severely? We will look at the results along three dimensions: (1) across main socio-economic characteristics, (2) across regions and countries, (3) across...

This paper studies the causal effect of technology transfer on early industrial development. Between 1950 and 1957, the Soviet Union supported the “156 Projects” in China for the construction of technologically advanced, large-scale, capital-intensive industrial facilities. We exploit...

The objective of this special IARIW-HSE conference is to advance our understanding on issues related to national accounts, prices, productivity, income and wealth distribution, poverty, and, economic well-being in the countries of Eastern Europe and of the Commonwealth of Independent States...

IARIW Session on Developments in Income Inequality Across the World

The IARIW conference is a biennial meeting of academics and statisticians, focusing on topics closely related to national accounts and income and wealth distribution. The conference targets participants from universities and statistics offices from across the globe, offering an almost unique...