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more dispersed. Using matched micro data on spending of households and their macroeconomic expectations, we study the link …
Persistent link: https://www.econbiz.de/10014083908
likely to spend household resources on culture, and their joint consumption of such goods may be a potential reason for their …
Persistent link: https://www.econbiz.de/10012908890
by households affects their spending decisions. We use randomized information treatments that provide different types of … macroeconomic uncertainty of some households. The effects on their spending decisions relative to an untreated control group are … measured in follow-up surveys. Higher macroeconomic uncertainty induces households to reduce their spending on non …
Persistent link: https://www.econbiz.de/10013236401
joint consumption. In this paper, we extend the collective model of household consumption to recover mother's, father's and … household resources, though not enough to avoid a very large extent of child poverty compared to what is found in traditional … have more command over household resources. Baseline results on children's shares are robust to using alternative …
Persistent link: https://www.econbiz.de/10013119290
determinants of household income and consumption levels and inequalities. Unconditional as well as conditional stochastic dominance … (SD) tests are performed by year, by household heads' characteristics (age, education, gender, health, marital status and … occupation) and by household characteristics (household type, household size, degree of urbanization). Mean least squares …
Persistent link: https://www.econbiz.de/10013061940
methods of measuring household welfare (and, accordingly, poverty and inequality) based on expenditures have not considered … remote work during the pandemic. We then propose methods to impute transportation cost equivalents for household expenditure …
Persistent link: https://www.econbiz.de/10014237363
: the link between the household head's risk and time preferences and observed child labor supply. We develop a theoretical … model and empirically test for this causality using data from the seventh round of the Ethiopian Rural Household Survey. We …
Persistent link: https://www.econbiz.de/10013249127
expectations on non-durable spending are imprecisely estimated but there is a sharp negative effect on durable spending. We provide … as well as aggregate spending when they increase their inflation expectations. There is little evidence to support the … idea that the degree to which respondents change their beliefs or their spending in response to information treatments …
Persistent link: https://www.econbiz.de/10012864876
Using British panel data, we explore the finding that households often expect theirÂ…financial position to remain unchanged compared to other alternatives, using a generalised middle inflated ordered probit (GMIOP) model. In doing so we account for the tendency of individuals to choose...
Persistent link: https://www.econbiz.de/10012839066
We consider the life cycle choices of a household that in each period decides how much to consume and how to allocate … transitory and permanent wage shocks. These structural parameters describe the ability of household to self-insure in response to …
Persistent link: https://www.econbiz.de/10012930924