Showing 1 - 10 of 31
composed of essential expenditures. …
Persistent link: https://www.econbiz.de/10014528252
Persistent link: https://www.econbiz.de/10001702822
The purpose of this paper is to estimate the impact of capitalising durable goods on the Euro area household saving ratios and disposable incomes for the first time. The reason for this exercise is twofold. Firstly, it is generally accepted that individual households regard consumer durables as...
Persistent link: https://www.econbiz.de/10003473011
's matching model of unemployment. To the best of our knowledge, this is the first attempt to implement and systematically compare … these solutions in search-matching economies. Our results are twofold. First from the theoretical and methodological … viewpoint, we extend a somewhat flexible search-matching economy to alternative bargaining solutions. In particular, we prove …
Persistent link: https://www.econbiz.de/10009238027
In this paper we incorporate a labor market with matching frictions and wage rigidities into the New Keynesian business …
Persistent link: https://www.econbiz.de/10003209170
stylised HANK model augmented with search and matching and ex-ante heterogeneity in terms of educational attainment. We show …
Persistent link: https://www.econbiz.de/10014477695
The paper evaluates the impact of the Chinese minimum wage policy on consumption of low-wage households for the period 2002-2009. Using a representative household panel, we find that the consumption response to minimum wage income shock is increasing in the minimum wage share of household income...
Persistent link: https://www.econbiz.de/10012132498
This paper studies the heterogeneity of the marginal propensity to consume out of wealth (MPC) both across and within countries. We estimate the MPC based on a cross-country harmonized household level dataset which combines surveys on wealth, income and consumption. We use panel regressions and...
Persistent link: https://www.econbiz.de/10012139739
Persistent link: https://www.econbiz.de/10011618280
Persistent link: https://www.econbiz.de/10011618804