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on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …
Persistent link: https://www.econbiz.de/10004969337
house prices on consumption documented in two papers using the same data set for the UK. On the one hand, Campbell and Cocco … impact on consumption across age groups, consistent with the so-called common factor hypothesis. First, we confirm that the … construction, and provide evidence that the functional form (i.e., an Euler equation of consumption vs. a reduced form life …
Persistent link: https://www.econbiz.de/10011128020
inequality in the US and provide a basis for weighing the relative decline in earnings and consumption for the less educated …
Persistent link: https://www.econbiz.de/10011128024
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use panel data on family income, and an index of investments in children in time and goods, from the Children of the National Longitudinal Survey of Youth. Consistent with the...
Persistent link: https://www.econbiz.de/10011265290
) and consumption poverty. Our results show that the two measures assign similar poverty status to about 52 percent of …, we find that household size matters in consumption poverty while we do not find significant effects on multidimensional … poverty. Amongst the shocks, drought shock is found to affect consumption poverty but not multidimensional poverty. This …
Persistent link: https://www.econbiz.de/10011122191
In this paper, we study the short-run effect of salary receipt on mortality among Swedish public sector employees. By exploiting variation in pay-days across work-places, we completely control for mortality patterns related to, for example, public holidays and other special days or events...
Persistent link: https://www.econbiz.de/10010886134
effects, particularly among urban households. Per capita consumption fell by 12.6%, raising poverty by 5.5 percentage points … consumption (10% or 43 to 108 fewer calories per person per day) and reduced expenditures on basic durables. These effects are …
Persistent link: https://www.econbiz.de/10011149769
countries wealth affects life satisfaction more than income. In the countries for which consumption data are available (Britain … and Hungary), non-durable consumption expenditures also prove at least as important to happiness as income. Further …, results from panel regression fixed effects models indicate that changes in wealth, income and consumption all produce …
Persistent link: https://www.econbiz.de/10005763522
Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality and find that inequality … shocks. The response of consumption to permanent and transitory income shocks becomes weaker later in the sample, consistent …
Persistent link: https://www.econbiz.de/10005004571
effects. We exploit the unique design of an aid program's experimental trial to identify its indirect effect on consumption …
Persistent link: https://www.econbiz.de/10005761976