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Inequality and Volatility Moderation in Russia: Evidence from Micro-Level Panel Data on Consumption and Income

Gorodnichenko, Yuriy; Sabirianova Peter, Klara; … - Institute for the Study of Labor (IZA) - 2009

Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality and find that inequality … shocks. The response of consumption to permanent and transitory income shocks becomes weaker later in the sample, consistent …

Persistent link: https://www.econbiz.de/10005004571

Behavioral Responses to Taxation: Cigarette Taxes and Food Stamp Take-Up

Rozema, Kyle; Ziebarth, Nicolas R. - Institute for the Study of Labor (IZA) - 2015

This paper investigates a previously unexplored behavioral response to taxation: whether smokers compensate for higher cigarette taxes by enrolling in food stamps. First, we show theoretically that increases in cigarette taxes can induce food stamp take-up of non-enrolled, eligible smoking...

Persistent link: https://www.econbiz.de/10011210820

Economic Development, Novelty Consumption, and Body Weight: Evidence from the East German Transition to Capitalism

Dragone, Davide; Ziebarth, Nicolas R. - Institute for the Study of Labor (IZA) - 2015

weight and obesity rates. We first introduce the concept of novelty consumption, which refers to an increase in food … availability due to trade or innovation. Then we study how novel food products alter the optimal consumption bundle and welfare … experiment of economic development. Our data elicit detailed information on East Germans' food consumption, body mass, and diet …

Persistent link: https://www.econbiz.de/10011264784

Can the UAE Avoid the Oil Curse by Economic Diversification?

Haouas, Ilham; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2014

Recent research conclude that the GCC economies have failed to address the oil curse. They are far behind other countries, especially those in the G7, which possess huge reserves of oil wealth but have undertaken economic diversification to correct the ill-effects of an oil curse. This paper...

Persistent link: https://www.econbiz.de/10010884109

Immigration, Growth and Unemployment: Panel VAR Evidence from OECD Countries

Boubtane, Ekrame; Coulibaly, Dramane; Rault, Christophe - Institute for the Study of Labor (IZA) - 2012

This paper examines empirically the interaction between immigration and host country economic conditions. We employ panel VAR techniques to use a large annual dataset on 22 OECD countries over the period 1987-2009. The VAR approach allows to addresses the endogeneity problem by allowing the...

Persistent link: https://www.econbiz.de/10010885187

Education, Birth Order, and Family Size

Bagger, Jesper; Birchenall, Javier A.; Mansour, Hani; … - Institute for the Study of Labor (IZA) - 2013

We introduce a general framework to analyze the trade-off between education and family size. Our framework incorporates parental preferences for birth order and delivers theoretically consistent birth order and family size effects on children's educational attainment. We develop an empirical...

Persistent link: https://www.econbiz.de/10011212756

The Life-Cycle and the Business-Cycle of Wage Risk: A Cross-Country Comparison

Bayer, Christian; Juessen, Falko - Institute for the Study of Labor (IZA) - 2009

This paper provides a cross-country comparison of life-cycle and business-cycle fluctuations in the dispersion of household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First, we find that household characteristics explain about...

Persistent link: https://www.econbiz.de/10005015462

Productivity and the Welfare of Nations

Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - Institute for the Study of Labor (IZA) - 2012

We show that the welfare of a country's infinitely-lived representative consumer is summarized, to a first order, by total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a country, as well as welfare differences across...

Persistent link: https://www.econbiz.de/10010541274

Immigration, Unemployment and Growth in the Host Country: Bootstrap Panel Granger Causality Analysis on OECD Countries

Boubtane, Ekrame; Coulibaly, Dramane; Rault, Christophe - Institute for the Study of Labor (IZA) - 2011

This paper examines the causality relationship between immigration, unemployment and economic growth of the host country. We employ the bootstrap panel Granger causality testing approach of Kónya (2006) that allows to test for causality on each individual country separably by accounting for...

Persistent link: https://www.econbiz.de/10009216762

Envy, Guilt, and the Phillips Curve

Ahrens, Steffen; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2012

We incorporate inequity aversion into an otherwise standard New Keynesian dynamic equilibrium model with Calvo wage contracts and positive inflation. Workers with relatively low incomes experience envy, whereas those with relatively high incomes experience guilt. The former seek to raise their...

Persistent link: https://www.econbiz.de/10009646332