Similar Search Results

Minimally altruistic wages and unemployment in a matching model

Rotemberg, Julio J. (contributor) - 2007

This paper presents a model in which firms recruit both unemployed and employed workers by posting vacancies. Firms act monopsonistically and set wages to retain their existing workers as well as to attract new ones. The model differs from Burdett and Mortensen (1998) in that its assumptions...

Persistent link: https://www.econbiz.de/10003715729

The effects of changes in local-bank health on household consumption

Cooper, Daniel; Peek, Joe - 2018 - This version: October, 2018

of a deterioration in local-bank health. The analysis shows that local-bank health tends to impact the expenditures of …

Persistent link: https://www.econbiz.de/10011905009

The rise and fall of consumption in the '00s

Demyanyk, Yuliya; Hryshko, Dmytro; Luengo-Prado, Maria José - 2015 - This version: October 16, 2015

U.S. consumption has gone through steep ups and downs since 2000, but the causes of these fluctuations are still imperfectly identified. We quantify the relative statistical impact of income, unemployment, house prices, credit scores, debt, expectations, foreclosures, inequality, and...

Persistent link: https://www.econbiz.de/10011401236

Household inflation expectations and consumer spending : evidence from panel data

Burke, Mary A.; Ozdagli, Ali - 2013 - This version: December 18, 2013

With nominal interest rates at the zero lower bound, an important question for monetary policy is whether, as predicted in prior theoretical work, an increase in inflation expectations would boost current consumer spending. Using survey panel data for the period from April 2009 to November 2012,...

Persistent link: https://www.econbiz.de/10010260252

How important is variability in consumer credit limits?

Fulford, Scott L. - 2014 - This version: May 2014; first draft: June 2010

Credit limit variability is a crucial aspect of the consumption, savings, and debt decisions of households in the United States. Using a large panel, this paper first demonstrates that individuals gain and lose access to credit frequently and often have their credit limits reduced unexpectedly....

Persistent link: https://www.econbiz.de/10010414215

Imputing household spending in the panel study of income dynamics : a comparison of approaches

Cooper, Daniel - 2010

alternative methods of imputing household expenditures in the Panel Study of Income Dynamics (PSID) - that of Blundell et al … expenditures between 1980 and 2007. The results further show that the imputation method in Cooper (2009) dominates that of Blundell … et al. (2006) for generating data on households ́total expenditures. The decision of which imputation approach to use or …

Persistent link: https://www.econbiz.de/10008778735

Measuring household spending and payment habits : the role of "typical" and "specific" time frames in survey questions

Angrisani, Marco; Kapteyn, Arie; Schuh, Scott - 2012 - This version: June 2012

We designed and fielded an experimental module in the American Life Panel (ALP) where we ask individuals to report the number of their purchases and the amount paid by debit cards, cash, credit cards, and personal checks. The design of the experiment features several stages of randomization....

Persistent link: https://www.econbiz.de/10009569609

Household inflation expectations and consumer spending : evidence from panel data

Burke, Mary A.; Ozdagli, Ali - 2020 - This version: January 2020

Recent research offers mixed results concerning the relationship between inflation expectations and consumption, using qualitative measures of readiness to spend. We revisit this question using survey panel data from the United States of actual spending from 2009 through 2012 that also allow us...

Persistent link: https://www.econbiz.de/10012395132

Consumption heterogeneity by occupation : understanding the impact of occupation on personal consumption during the COVID-19 pandemic

Cotton, Christopher D.; Garga, Vaishali; Rohan, Justin - 2020 - This version: December 2020

This paper exploits the variation in the unemployment rate of different occupations in the first part of the COVID-19 pandemic to analyze the response of consumption spending to unemployment risk. We find that earlier in the pandemic, higher unemployment risk did not reduce relative spending....

Persistent link: https://www.econbiz.de/10012395140

Sustainable consumption and the comprehensive economic well-being of American households

Cooper, Daniel; Cynamon, Barry Z.; Fazzari, Steven M. - 2023 - This version: July 2023

This paper develops a comprehensive measure of household economic well-being. The "sustainable consumption" concept accounts for income, assets, debt, transfer payments, and asset returns to estimate a consumption path that balances resources with expenditure over a household's lifetime....

Persistent link: https://www.econbiz.de/10014322503