Results 11 to 20 of about 27,386 (301)
Computation of Equilibria in OLG Models with Many Heterogeneous Households [PDF]
Economics Working Paper Series, 08 ...
Rausch, Sebastian +1 more
core +12 more sources
Economic policy uncertainty is proven to have an important effect on household consumption. However, the literature on its transmission mechanism and on comparing the consumption response of urban and rural households, especially in China, is limited. In
Yanwei Gu, Guancheng Jiang, Xiao Liang
doaj +1 more source
Crisis propagation in a heterogeneous self-reflexive DSGE model.
We study a self-reflexive DSGE model with heterogeneous households, aimed at characterising the impact of economic recessions on the different strata of the society.
Federico Morelli +3 more
doaj +1 more source
Household Heterogeneity and the Transmission of Foreign Shocks [PDF]
We study the role of heterogeneity in the transmission of foreign shocks. We build a Heterogeneous-Agent New-Keynesian Small Open Model Economy (HANKSOME) that experiences a current account reversal. Households' portfolio composition and the extent of foreign currency borrowing are key determinants of the magnitude of the contraction in consumption ...
de Ferra, Sergio +2 more
openaire +1 more source
MPC Heterogeneity and Household Balance Sheets [PDF]
We use sizable lottery prizes in Norwegian administrative panel data to explore how transitory income shocks are spent and saved over time and how households’ marginal propensities to consume (MPCs) vary with household characteristics and shock size. We find that spending peaks in the year of winning and gradually reverts to normal within five years ...
Fagereng, Andreas +2 more
openaire +7 more sources
Gasoline Demand with Heterogeneity in Household Responses [PDF]
Fuel demand elasticities to determine consumer responses to tax increases or price shocks are typically based on aggregate data. The literature generally provides one elasticity estimate for each country, assuming similar response for all households.
Wadud, Z, Graham, DJ, Noland, RB
openaire +2 more sources
The heterogeneous impact of inflation on households’ balance sheets.
We identify and study analytically three key channels that shape how inflation affects wealth inequality: (i) the traditional wealth (or Fisher) channel through which inflation redistributes from lenders to borrowers; (ii) an income channel through which inflation reduces the real value of sticky wages and benefits; and (iii) a relative consumption ...
Clodomiro Ferreira +5 more
openaire +2 more sources
Comparative Study of “Equivalence Scale” for Iranian Urban Households; Before and after Implementation of Targeted Subsidies Plan [PDF]
Expenditure pattern across households varies due to differences in their economic circumstances, household size and composition. So, movements in prices of goods over time will have different impacts on households.
fatemeh mirmohammadalitajrishi +2 more
doaj +1 more source
Using panel data from National Rural Fixed Point Survey and a supplementary survey about rural ICT projects, this paper empirically analyzes the impact of ICTs on rural households’ income and income disparity in China. The results show that ICTs promotes
Qiubo Zhu +3 more
doaj +1 more source
Household Heterogeneity in Macroeconomic Models: A Historical Perspective
Forthcoming
Cherrier, Beatrice +2 more
openaire +4 more sources

