Households' poverty and inequality after the COVID-19: Insights from panel data of face-to-face surveys in Southeast Asia. [PDF]
The global COVID-19 pandemic has had catastrophic impacts on global economies and human health. The consequences of the COVID-19 pandemic include the fatalities of millions of people and increased poverty.
Manh Hung Do +2 more
doaj +2 more sources
Optimal monetary policy and liquidity with heterogeneous households [PDF]
Abstract A liquidity-insurance motive for monetary policy operates when heterogeneous households use government-provided liquidity (“money”) to insure idiosyncratic risk. In our tractable sticky-price model this changes the central bank's trade-off by adding a linear benefit of insurance in the second-order approximation to aggregate welfare ...
Xavier Ragot
exaly +3 more sources
After the collective forest tenure reform, the forestland transfer behavior choices did not reach the policy expectations. In order to explore the factors influencing the behavior of farmers’ forestland transfer and the income effect of forestland ...
Juan Wu +3 more
doaj +3 more sources
Does the targeted poverty alleviation program improve the subjective well-being of poor households? Empirical evidence from China [PDF]
Enhancing the subjective well-being of poor households is crucial for the world’s sustainable development. Using a comprehensive household-level dataset from the China Household Finance Survey (CHFS) spanning 2011 to 2019, this study employed a multi ...
Dazhe Wang, Xiaolei Yang
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Macroeconomics and Household Heterogeneity [PDF]
Abstract The goal of this chapter is to study how, and by how much, household income, wealth, and preference heterogeneity amplify and propagate a macroeconomic shock. We focus on the US Great Recession of 2007–09 and proceed in two steps. First, using data from the Panel Study of Income Dynamics, we document the patterns of household income ...
Dirk Krueger +2 more
+4 more sources
Estimation of Heterogenous Consumption and Income Parameters [PDF]
In modern economic literature, much attention is paid to estimates of the structural parameters of consumer choice and the process of income generation. Such estimations play an important role in determining the optimal insurance system, optimal monetary
Pavel K. Koval, Andrey V. Polbin
doaj +1 more source
Quantitative Macroeconomics with Heterogeneous Households [PDF]
Macroeconomics is evolving from the study of aggregate dynamics to the study of the dynamics of the entire equilibrium distribution of allocations across individual economic actors. This article reviews the quantitative macroeconomic literature that focuses on household heterogeneity, with a special emphasis on the “standard” incomplete markets model ...
Jonathan Heathcote +2 more
openaire +5 more sources
International Development and Nonlinear Taxation in a Multi-Country Neoclassical Growth Model [PDF]
This paper builds a multi-country growth model with nonlinear taxation and public goods. The dynamic machines of global development are national wealth accumulation and free trade.
Wei-Bin ZHANG
doaj +1 more source
Factors affecting domestic tourism spending in India
This study examines the factors affecting domestic households' tourism spending in India. The results from using the unconditional quantile regression method show that regular salary earners in India spend less on tourism.
Bimal Kishore Sahoo +2 more
doaj +1 more source
A synthesis of the Uzawa-Lucas model with the Walrasian-General-Equilibrium and Neoclassical-Growth theories [PDF]
This paper proposes a dynamic economic model of wealth accumulation and human capital accumulation with endogenous education. It is an extension of the Uzawa-Lucas model of a heterogeneous household economy with multiple ways of human capital ...
Zhang Wei-Bin
doaj +1 more source

