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This paper estimates the household income growth rates implied by food demand in a sample of urban Chinese households … estimates indicate stronger gains among poorer households, suggesting that urban inflation up to 2005 in China was “pro …
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Using administrative panel data from Norway, we investigate the development of household labor income, financial wealth … ; precautionary saving ; consumption smoothing ; household portfolios ; portfolio allocation ; optimal unemployment insurance …
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We estimate marginal propensities to consume from wealth shocks for Italian households. Large asset price shocks in 2008 underpin an IV estimator. A euro fall in financial or risky financial wealth resulted in cuts in annual total (non-durable) consumption of 5-9 (3.5-6) cents. There is evidence...
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-making processes across households (the "why"). The combination of the quantitative estimation of household response dynamics with a … qualitative exploration of the mental models employed during financial decisions provides a more complete view of household … showing significant variability. However, MPDs play a critical role in household financial adjustments and display …
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This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …
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