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Households’ and firms’ subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households’ and firms’...
Persistent link: https://www.econbiz.de/10014084157
Economic theories of the household predict that increases in female relative human capital lead to decreases in female … household division of labor as an alternative explanation. We use the 2002 03 Spanish Time Use Survey (STUS) to explore the … presence of social norms associated to the household division of housework and childcare. First, we observe that wives that …
Persistent link: https://www.econbiz.de/10014026597
Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...
Persistent link: https://www.econbiz.de/10014030510
Local amenities are an important factor in the location choice of households. Heterogeneity in preferences of households tends to sort households over different locations which satisfy best their preferences given their constraints. In this paper, we analyze the effect of cultural heritage on...
Persistent link: https://www.econbiz.de/10011543251
The rate of new household formation among young adults who live with their parents has decreased in the last twenty … insecurity on the probability of forming a new household. Tentative evidence supports the notion that lower job insecurity has an …
Persistent link: https://www.econbiz.de/10012720996
Households’ and firms’ subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households’ and firms’...
Persistent link: https://www.econbiz.de/10013297216
Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...
Persistent link: https://www.econbiz.de/10013210074
Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...
Persistent link: https://www.econbiz.de/10013271201
Inflation expectations of households and firms are central determinants in all dynamic macro models. Yet, empirical evidence suggests these decision makers form expectations in a way that deviates from the assumptions in these models: on average, inflation expectations are biased upwards, are...
Persistent link: https://www.econbiz.de/10014254115
consumption behaviour of the agricultural household in Thailand in a framework of subjective equilibrium. Functional structure of … the consumer preferences. The authors find that the agricultural household is not maximizing its family utility within a …
Persistent link: https://www.econbiz.de/10015161508