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In this paper we document the main features of the distributions of wages, earnings, consumption and wealth in Japan since the early 1980s using four main data sources: the Basic Survey on Wage Structure (BSWS), the Family Income and Expenditure Survey (FIES), the National Survey of Family...
Persistent link: https://www.econbiz.de/10010945605
Persistent link: https://www.econbiz.de/10011280927
This paper explores the development of inequalities in income, consumption, and wealth among Japanese households from the 1980s to the 2000s, a period that spans the bursting of Japan's bubble economy (1991Q1) and the banking crisis (1997Q4). We find that inequality of income and consumption...
Persistent link: https://www.econbiz.de/10010559673
We develop an equilibrium model of on-the-job search with ex-ante heterogeneous workers and firms, aggregate uncertainty and vacancy creation. The model produces rich dynamics in which the distributions of unemployed workers, vacancies and worker-firm matches evolve stochastically over time. We...
Persistent link: https://www.econbiz.de/10010828424
Persistent link: https://www.econbiz.de/10011336716
In this paper, we analyze the nature of intra-household allocations and commitment using unique panel data on individual-specific within-household consumption expenditures and on time used for leisure, market production and home production. Specifically we estimate a dynamic collective model of...
Persistent link: https://www.econbiz.de/10010397757
In this paper, we analyze the nature of intra-household allocations and commitment using unique panel data on individual-specific within-household consumption expenditures and on time used for leisure, market production and home production. Specifically we estimate a dynamic collective model of...
Persistent link: https://www.econbiz.de/10010255369
In this paper, we analyze the nature of intra-household allocations and commitment using unique panel data on individual-specific within-household consumption expenditures and on time used for leisure, market production and home production. Specifically we estimate a dynamic collective model of...
Persistent link: https://www.econbiz.de/10010753967
We find that relative wages have a strong impact on the wife's weight in the household problem at the time of marriage. We also find that, during marriage, unpredicted deviations in the relative wage impact on this weight, but the magnitude is substantially smaller, and is only statistically...
Persistent link: https://www.econbiz.de/10011081892
Persistent link: https://www.econbiz.de/10012111945