Showing 1 - 10 of 976
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …
Persistent link: https://www.econbiz.de/10013016356
This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house prices in the four largest economies in the euro area: France, Germany, Italy, and Spain. We first calibrate a life-cycle incomplete-markets model with a financial asset and...
Persistent link: https://www.econbiz.de/10012859309
negative impact are threefold. First, perceived inflation overestimates the real increase in prices resulting in suboptimal …
Persistent link: https://www.econbiz.de/10013317284
Recent advances in behavioral genetics have enabled the discovery of genetic scores linked to a variety of economic outcomes, including education. We build on this progress to demonstrate that the same genetic variants that predict educational attainment independently predict household wealth in...
Persistent link: https://www.econbiz.de/10012962275
This study combines novel financial-literacy data with measures of attitudes to redistribution from the British … intervention for income redistribution. The effect is robust to several specifications, samples, longitudinal models and … effect indicates that the homo oeconomicus effect does not exert an impact on attitudes to redistribution for the less …
Persistent link: https://www.econbiz.de/10012960256
between 1999 and 2010. This measure combines an efficiency component using a Linear Expenditure System (LES) and an equity …
Persistent link: https://www.econbiz.de/10013124494
inflation and measures welfare changes using the compensating variation and equivalent incomes in a cross-national comparative … perspective. The impact of inflation depends on good-specific price increases and budget shares. Budget shares for necessities (e … necessities has resulted in higher inflation in poorer countries. Counter to the media narrative, the distributional impact is …
Persistent link: https://www.econbiz.de/10014237195
Competitiveness differentials are blamed for the instability of the Eurozone. Most of the analyses focus on labour …
Persistent link: https://www.econbiz.de/10013086230
sensitivity of import prices has not fallen since 1999. We also point out a significant role played by the inflation in the … Eurozone, as the responsiveness of import prices to exchange rate fluctuations tends to decline in a low and more stable … inflation environment. Overall, our findings support the view that the extent of pass-through is comprised of both macro- and …
Persistent link: https://www.econbiz.de/10012962288
We investigate the relationship between social interaction and household finances using data from the British Household Panel Survey. We contribute to the existing literature by exploring the relationship between a wide range of aspects of household finances and social interaction, rather than...
Persistent link: https://www.econbiz.de/10013051017