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Education Subsidies and Heterogeneous households
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Consumer Boycott, Household Heterogeneity and Child Labour [PDF]
Consumer boycott campaigns against goods that are produced using child labor are becoming increasingly popular. Yet there is still no consensus on which are the effects of such type of activism on child labor in developing countries. In fact, if some agreement is to be found in the recent economic literature, it is that the boycott does not reduce ...
DI MAIO, Michele, FABBRI, Giorgio
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Inflation Heterogeneity at the Household Level
SSRN Electronic Journal, 2023Inflation affects the purchasing power of households. This paper documents large, idiosyncratic inflation differences between households in their everyday shopping. Low-income households have experienced higher inflation in the last ten years, but the difference for richer households has been small and time varying.
Georg H. Strasser +3 more
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LIQUIDITY CONSTRAINTS, HETEROGENEOUS HOUSEHOLDS AND SUNSPOT FLUCTUATIONS
Macroeconomic Dynamics, 2006This paper is concerned with the empirical relevance of indeterminacy and sunspots in explaining the business cycle. It argues that financial constraints provide a propagation mechanism able to generate business cycle facts observed in data in response to sunspot shocks.
Barinci, Jean-Paul +2 more
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Inflation Heterogeneity Across Households
SSRN Electronic JournalThis paper studies the nature, evolution, and sources of inflation heterogeneity across households in France and Germany. Inflation differences are large and persistent. The two main sources of inflation heterogeneity are spatial differences in the prices paid for the same product and differences in the household-specific variety choice within a ...
Kiss, Regina, Strasser, Georg
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Intra-Household Heterogeneity and Targeting
SSRN Electronic Journal, 2015Using a dataset in which we observe the specific individuals in a household making choices, we study differences in purchase behaviors within and across households in five grocery categories. We develop a choice model that recovers utility parameters from individuals’ choices while allowing for the behavior of individuals from the same household to be ...
Hernan Alejandro Bruno +2 more
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Unwinding quantitative easing: State dependency and household heterogeneity
European Economic Review, 2023This paper studies the asymmetry in the macroeconomic effects of central bank asset market operations induced by state dependency and the associated role of household heterogeneity. We build a New Keynesian model with borrowers and savers in which quantitative easing and tightening operate through portfolio rebalancing between short-term and long-term ...
Cantore, Cristiano, Meichtry, Pascal
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Gorman Heterogeneous Households
2013This chapter describes methods for computing equilibria of economies with consumers who have heterogeneous preferences and endowments. It adopts simplifications that facilitate coping with heterogeneity. In the present chapter, consumers differ only with respect to their endowments and the processes {bt} that disturb their preferences.
Lars Peter Hansen, Thomas J. Sargent
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