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Household production and consumption
Terleckyj, Nestor E. (ed.) - 1975
Persistent link: https://www.econbiz.de/10013336569
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Households' Response to the Wealth Effects of Inflation
Schnorpfeil, Philip; Weber, Michael; Hackethal, Andreas - National Bureau of Economic Research - 2023
We study the redistributive effects of inflation combining administrative bank data with an information provision experiment during an episode of historic inflation. On average, households are well-informed about prevailing inflation and are concerned about its impact on their wealth; yet, while...
Persistent link: https://www.econbiz.de/10014372429
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Expenditure Visibility and Consumer Behavior : New Evidence
Heffetz, Ori - 2018
Expenditure visibility--the extent to which a household's spending on a consumption category is noticeable to others …
Persistent link: https://www.econbiz.de/10012480813
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Consumer Spending and the Economic Stimulus Payments of 2008
Parker, Jonathan A. - 2011
We measure the response of household spending to the economic stimulus payments (ESPs) disbursed in mid-2008, using …
Persistent link: https://www.econbiz.de/10012461973
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Inflation's Impact on American Households
Altig, David; Auerbach, Alan J.; Eidschun, Erin F.; … - National Bureau of Economic Research - 2024
The post-COVID price surge has reignited interest in inflation's impact on American households. Even if anticipated and with full market adjustments, inflation affects households through its interaction with the fiscal system, which is the focus of this paper. Inflation affects households...
Persistent link: https://www.econbiz.de/10014544760
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Understanding Trend and Cycle in Asset Values : Reevaluating the Wealth Effect on Consumption
Lettau, Martin - 2003
Both textbook economics and common sense teach us that the value of household wealth should be related to consumer … in consumption. This paper provides evidence that a surprisingly small fraction of the variation in household net worth …
Persistent link: https://www.econbiz.de/10012468849
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LEADS on Macroeconomic Risks to and from the Household Sector
Parker, Jonathan A. - 2012
with information on the reallocation of resources within, from, and to the household sector in response to macroeconomic … events. The household sector is both a propagator of shocks to the economy, as wealth is redistributed across households with … of information on household exposures to macroeconomic risk factors - can potentially lead to better macroeconomic …
Persistent link: https://www.econbiz.de/10012460151
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Can Pollution Tax Rebates Protect Low-Income Families? The Effects of Relative Wage Rates
Fullerton, Don - 2010
Pollution taxes are believed to burden low-income households that spend a greater than average share of income on pollution-intensive goods. Some propose to offset that effect by returning revenue to low-income workers via reduced labor tax. We build analytical general equilibrium models with...
Persistent link: https://www.econbiz.de/10012462716
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Heterogeneous Households under Uncertainty
Veronesi, Pietro - 2019
I characterize a dynamic economy under general distributions of households' risk tolerance, endowments, and beliefs about long-term growth. As the economy expands and the stock market rises (a) the fraction of households with declining consumption-share increases; (b) the wealth-share of high...
Persistent link: https://www.econbiz.de/10012479404
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Household Heterogeneity and the Transmission of Foreign Shocks
De Ferra, Sergio - 2019
detrimental to household welfare due to the heterogeneous impact of the foreign debt revaluation. Our HANKSOME framework can …
Persistent link: https://www.econbiz.de/10012480346