Results 201 to 210 of about 97,715 (338)

Idiosyncratic asset return and wage risk of US households

open access: yesEconomic Inquiry, Volume 63, Issue 2, Page 636-657, April 2025.
Abstract This paper documents the degree of idiosyncratic asset return heterogeneity, serial correlation, and correlation with wage heterogeneity for US households. Novel panel‐data measurements for returns on household assets are proposed. Sizable transitory idiosyncratic return heterogeneity is documented to exist concurrently with permanent ...
Stephen Snudden
wiley   +1 more source

Consumer confidence and household investment

open access: yesEconomic Inquiry, EarlyView.
Abstract Can consumer confidence account for the leading indicator property of household investment (HI) over the US business cycle? We find that it does. Consumer confidence leads HI and housing starts by two and one‐quarter, respectively. Household investment increases persistently after a positive confidence shock, and so do total hours worked ...
Hashmat Khan   +2 more
wiley   +1 more source

Inflation expectations and time variations in the oil price pass‐through

open access: yesEconomic Inquiry, EarlyView.
Abstract Previous literature suggests that the pass‐through of oil price shocks to inflation rates became weaker since the 1970s. I use a time‐varying parameter VAR to show that this trend has recently been reversed with headline and core inflation rates responding more sensitive to oil price shocks. Based on a counterfactual analysis, I offer evidence
Daniel Gründler
wiley   +1 more source

Interdependence of government expenditure among European countries: Productivity spillover and strategic interaction

open access: yesEconomic Inquiry, EarlyView.
Abstract We build an endogenous growth model that distinguishes productive and welfare government expenditures and embeds fiscal externalities. The model yields three testable hypotheses: (i) productive expenditure raises growth (Barro effect); (ii) productive expenditure generates cross‐country productivity spillovers; (iii) government expenditure ...
Xiaodong Chen, Haoming Mi, Peng Zhou
wiley   +1 more source

Global shocks and the debt‐growth nexus

open access: yesEconomic Inquiry, EarlyView.
Abstract This paper re‐examines the relationship between debt and growth with and without the influence of global shocks for a panel of 22 economies. The analysis introduces an approach that accounts for the complexity of global factors and estimates the debt‐to‐growth and growth‐to‐debt nexus for household, corporate, and public debt from a purely ...
Fabrizio Casalin   +2 more
wiley   +1 more source

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