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Consumption smoothing and the welfare cost of uncertainty

Alem, Yonas; Colmer, Jonathan - 2018

-resolution meteorological data, we introduce a new proxy for income uncertainty - mean-preserving rainfall variability - and estimate that an … increase in income uncertainty is associated with reductions in objective consumption and subjective well-being (SWB …

Persistent link: https://www.econbiz.de/10011945049

Life satisfaction and inequality in Slovakia: the role of income, consumption and wealth

Banerjee, Biswajit; Tóth, Peter - 2024

Persistent link: https://www.econbiz.de/10014472327

Misreporting in household income and expenditure : evidence from the Chinese Household Income Project

Li, Feng; Wang, Xintao - In: Economics letters 237 (2024), pp. 1-5

Persistent link: https://www.econbiz.de/10015073912

Blame it on the rain : rainfall variability, consumption smoothing, and subjective well-being in rural Ethiopia

Alem, Yonas; Colmer, Jonathan - In: American journal of agricultural economics 104 (2022) 3, pp. 905-920

Persistent link: https://www.econbiz.de/10013193374

The marginal propensity to consume in heterogeneous agent models

Kaplan, Greg; Violante, Giovanni L. - In: Annual review of economics 14 (2022), pp. 747-775

Persistent link: https://www.econbiz.de/10014428447

The effect of mortgage debt on consumer spending : evidence from household-level data

Price, Fiona; Beckers, Benjamin; La Cava, Gianni - 2019

Persistent link: https://www.econbiz.de/10013262759

Wealth shocks and macroeconomic dynamics

Cooper, Daniel; Dynan, Karen E. - 2013 - This version: June 14, 2013

The effect of wealth on consumption is an issue of longstanding interest to economists. Analysts believe that fluctuations in household wealth have driven major swings in economic activity. This paper considers so-called wealth effects - the impact of changes in wealth on household consumption...

Persistent link: https://www.econbiz.de/10009760038

International risk sharing and financial shocks

Rouillard, Jean-François - In: Journal of international money and finance 82 (2018), pp. 26-44

Persistent link: https://www.econbiz.de/10012000223

Household borrowing constraints and residential investment dynamics

Khan, Hashmat; Rouillard, Jean-François - In: Journal of economic dynamics & control 95 (2018), pp. 1-18

Persistent link: https://www.econbiz.de/10012004900

Wealth effects and macroeconomic dynamics

Cooper, Daniel; Dynan, Karen E. - In: Journal of economic surveys 30 (2016) 1, pp. 34-55

Persistent link: https://www.econbiz.de/10011552996