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The economic literature has given due attention to household coping strategies in peacetime. In contrast, little is known about such strategies in wartime. This paper studies the use of cattle as a buffer stock by Rwandan households during 1991-2001, a period characterized by civil war and...
Persistent link: https://www.econbiz.de/10014223467
changes in household savings are negatively related to exogenous income shocks, with this relationship strongest for low … wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households … both reduce their consumption and increase their savings in response to an exogenous decline in income. …
Persistent link: https://www.econbiz.de/10011405709
We analyze how sexual orientation is related to household savings using 2000 US Census data, and find that gay and … their married counterparts. In a household savings model, we interpret this homosexual-specific differential as due to the … than married ones. Evidence from homeowners' ratio of mortgage payments to house value exhibits the same pattern of savings …
Persistent link: https://www.econbiz.de/10013141756
We analyze how sexual orientation is related to household savings, comparing gay and lesbian couples to heterosexual … expectancy and age. Additionally, we find evidence of higher savings for heterosexual cohabiting than for married couples. Being … saves $2,700 less annually than the average heterosexual cohabiting couple. In a household savings model, we interpret our …
Persistent link: https://www.econbiz.de/10013145313
We analyze how sexual orientation is related to household savings using 2000 US Census data, and find that gay and … their married counterparts. In a household savings model, we interpret this homosexual-specific differential as due to the … than married ones. Evidence from homeowners' ratio of mortgage payments to house value exhibits the same pattern of savings …
Persistent link: https://www.econbiz.de/10003968422
both 2008-2010 and 2010-2012 spells. The most important smoothing mechanisms turn out to be self‐insurance through savings …
Persistent link: https://www.econbiz.de/10012316210
We develop and estimate a model of dynamic interactions in which commitment is limited and contracts are incomplete to …
Persistent link: https://www.econbiz.de/10013316985
In this paper it is shown that the intratemporal and intertemporal preferences of each decision maker in the household can be identified even if individual consumption is not observed. This identification result is used jointly with the Consumer Expenditure Survey (CEX) to estimate the...
Persistent link: https://www.econbiz.de/10014065983
Modern macroeconomics empirically addresses economy-wide incentives behind economic actions by using insights from the way a single representative household would behave. This analytical approach requires that incentives of the poor and the rich are strictly aligned. In empirical analysis a...
Persistent link: https://www.econbiz.de/10012770249
In this paper we compare gender differences in the allocation of time to market work, domestic work, child care, and leisure over the life cycle. Time use profiles for these activity categories are constructed on survey data for three countries: Australia, the UK and Germany. We discuss the...
Persistent link: https://www.econbiz.de/10012784078