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between these two effects of the lending process. This Article develops a framework, based on the household balance sheet …
Persistent link: https://www.econbiz.de/10013245379
response to the COVID-19 pandemic, and the gradual relaxation that followed. We use household survey data from a representative …
Persistent link: https://www.econbiz.de/10013229495
This paper estimates the cross-sectional distribution of Epstein-Zin preference parameters in a Large administrative panel of Swedish households. We consider a life-cycle model of saving and portfolio choice that incorporates risky labor income, safe and risky financial assets inside and outside...
Persistent link: https://www.econbiz.de/10013230231
I study the effects of borrowing and liquidity constraints on the response of consumption toanticipated income changes. Using the PSID over 1999–2013, I find that the well-documentedstrong excess sensitivity of consumption to income of highly constrained households can beexplained by episodes...
Persistent link: https://www.econbiz.de/10013231872
expectation, there were speculations that household dairy consumption in India might have increased during lockdown due to more … bearing on household nutritional security as it acts as a major source of protein for a large proportion of population. Thus …, the present study attempts to capture the impact of COVID-19 pandemic on household consumption pattern of dairy products …
Persistent link: https://www.econbiz.de/10013217317
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This paper measures how households smooth changes in consumption when incomes are shifted by permanent or transitory shocks at country and regional level. I compute insurance capacity using the Spanish Continuous Family Expenditure Survey skipping the imputation methods used by the previous...
Persistent link: https://www.econbiz.de/10013109837