Results 311 to 320 of about 175,206 (343)
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Inflation Heterogeneity Across Austrian Households. Evidence from Household Scanner Data
SSRN Electronic JournalIt has been widely documented that households experience different inflation rates which are generally concealed in aggregate price indices. Using scanner data from a large household panel for Austria, we analyse price dynamics faced by individual households and try to explain the causes for the observed inflation differences.
Messner, Teresa, Rumler, Fabio
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Growth with Heterogeneous Households
2006One dominant view on the interplay between growth and inequality holds that income inequality promotes saving and therefore promotes development. This opinion is closely related to the view that saving is the engine of growth. Lewis (1954: 156–57) expounds this view as follows: We are interested not in the people in general, but only say in the 10 ...
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Multiple Sectors and Heterogeneous Households
2006The Walrasian system is a beautiful theory. Nevertheless, its success is mainly limited to short-run economic phenomena. It is important to introduce endogenous wealth accumulation, population growth, and knowledge creation and utilization into this structurally beautiful system.
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Growth, Inflation, and Household Heterogeneity
2023A Distributional PCE Price Index From Aggregate Data uses the same price index method to demonstrate how to obtain household-level inflation measures in the absence of detailed microdata on consumer spending. Applying this method to US national accounts data reveals a noticeably larger inflation rate for poor households, both in the 2021–2023 inflation
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Integrating household behavior and heterogeneity into the TIMES-Households model
Applied Energy, 2015The importance of household behavior in energy consumption is regularly raised in literature. Nevertheless energy-economy long-term planning models still often represent energy demand by a single mean household and thus fail to capture household behavior.
Cayla, Jean-Michel, Maïzi, Nadia
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Consistent Income Tax Structures When Households Are Heterogeneous
Journal of Economic Theory, 2000One can invoke many purposes to justify a system of taxation, one of the more obvious one being the need to finance the government. In the theory of Social Choice, the point of view adopted in this paper, this purpose is the reduction of income inequality.
Ebert, Udo, Moyes, Patrick
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The Supply-Side Effects of Household Heterogeneity
Household heterogeneity has been shown to be an important driver of aggregate demand. In this research, we demonstrate that it also impacts the supply side. We build a model in which heterogeneous households vary in their extent to which they supply production factors (labor and capital).Schwanebeck, Benjamin, Thiel, Luzie
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Heterogeneity in households’ stock market beliefs
Journal of Econometrics, 2022Hans-Martin von Gaudecker, Axel Wogrolly
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Monetary policy with heterogeneous households and financial frictions [PDF]
This paper presents and estimates a sticky-price model with heterogenous households and financial frictions. Frictions in state-contingent asset markets lead to imperfect risksharing among households with idiosyncratic labor incomes. I study the impacts of the introduced financial frictions on optimal monetary policy by documenting implications for the
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