Showing 1 - 10 of 22
This paper studies the paths from inequality in earnings to inequality in household consumption. We show that careful study of the evolution of the variances and covariances of earnings and consumption within cohorts across time can identify permanent and transitory shocks. We present an...
Persistent link: https://www.econbiz.de/10005393139
The British Social Attitudes Survey is a U.K.-wide survey that provides a rich source of information on individuals' attitudes to a variety of topics, including locally provided service. In this paper, the authors seek to model answers to questions on attitudes to local authority spending that...
Persistent link: https://www.econbiz.de/10005392933
Persistent link: https://www.econbiz.de/10011144467
Using data from the British Labour Force Survey this article provides an empirical investigation of the way immigration affects labour market outcomes of native born workers in Britain, set beside a theoretical discussion of the underlying economic mechanisms. We discuss problems arising in...
Persistent link: https://www.econbiz.de/10005072092
Attitudes of ethnic majority populations towards other communities is a potentially important determinant of social exclusion and welfare of ethnic minorities. The suggestion that negative attitudes towards minorities may be affected by the ethnic composition of the locality in which individuals...
Persistent link: https://www.econbiz.de/10005570625
Persistent link: https://www.econbiz.de/10005570838
We assume that individuals can fully insure themselves against cross-country shocks but not against individual-specific shocks. We consider two particular models of limited risk-sharing: domestically incomplete markets (DI) and private information-Pareto optimal (PIPO) risk-sharing. For each...
Persistent link: https://www.econbiz.de/10005071758
Persistent link: https://www.econbiz.de/10009189003
The exact measurement of the welfare costs of tax and price reform requires a detailed knowledge of individual preferences. Typically, first-order approximations of welfare costs are calculated avoiding detailed knowledge of substitution effects. The authors derive second-order approximations...
Persistent link: https://www.econbiz.de/10005392982
This survey is designed to emphasize the relationship between empirical a nd theoretical considerations in the analysis of consumer behavior. A lthough it focuses primarily on analysis at the individual or micro l evel, it tries, where possible, to draw implications for the estimati on of...
Persistent link: https://www.econbiz.de/10005393389