Showing 1 - 10 of 191
Bargaining models of household wealth accumulation point to a potential conflict of interest between husbands and wives. Wives are typically younger than their husbands and have longer life expectancy, so they must expect to finance a longer retirement period. Therefore, when they have greater...
Persistent link: https://www.econbiz.de/10005637677
The extent to which people are saving for retirement is a key element in formulating public policy toward saving and retirement incomes. This paper adopts a life cycle model of wealth accumulation to estimate the saving rates that people would need in order to have an adequate income in...
Persistent link: https://www.econbiz.de/10009278821
Many developing countries lack spatially disaggregated price data. Some analysts use "no-price" methods by using a food Engel curve to derive the deflator as that needed for nominally similar households to have equal food shares in all regions and time periods. This method cannot be tested in...
Persistent link: https://www.econbiz.de/10012246018
Persistent link: https://www.econbiz.de/10011730496
Persistent link: https://www.econbiz.de/10011858785
This paper presents a cohort analysis of household income, consumption and saving in New Zealand. It is based on an analysis of unit record data from March years 1984 to 1998 taken from the Household Economic Survey (HES). These data are a series of cross-sectional surveys rather than a true...
Persistent link: https://www.econbiz.de/10009278851
The Consumer Price Index (CPI) bias for New Zealand is calculated by estimating the food Engel curves for demographically similar households with the same level of CPI-deflated incomes at different points in time. For the 17 years from 1984 to 2001 the bias in the New Zealand CPI as a...
Persistent link: https://www.econbiz.de/10008674786
The economies of the former Soviet Bloc experienced large declines in output during the decade of transition which began with the collapse of the Soviet Union in 1991. Yet there are many reasons to believe that measured output and official deflators provide a poor proxy for the change in real...
Persistent link: https://www.econbiz.de/10005308211
Immigrants are typically found to have less wealth and hold it in different forms than the native born. These differences may affect both the economic assimilation of immigrants and overall portfolio allocation when immigrants are a large share of the population, as in New Zealand. In this...
Persistent link: https://www.econbiz.de/10009278776
This paper uses data from the Survey of Family, Income and Employment to estimate saving by the household sector in New Zealand during 2004--2006. Even our most conservative estimate is that at least 14% of gross income was saved during this period. By contrast, the indirectly derived Household...
Persistent link: https://www.econbiz.de/10010718028