Self-reported shocks and consumption smoothing
Social groups and credit shocks : evidence of inequalities in consumption smoothing
... the consumption basket at the household level, we converted the total household expenditure to average household ...household consumption expenditure is constructed at the district level by adding the ...
30
Income Shocks, Coping Strategies, and Consumption Smoothing. An Application to Indonesian Data
... regard consumption behavior, there are two main differences between poor and non- poor ...smooth consumption relative to income, this is not so for small farms: for the latter, the main components of ...
41
Financial Wealth, Consumption Smoothing, and Income Shocks due to Job Loss
... may influence the marginal utility of consumption in the different labour market states and the lay-off rate, as argued in Section 2. Therefore, we include in the empirical regression variables that are related to ...
34
Labor Supply and Consumption Smoothing When Income Shocks Are Non-Insurable
... for consumption smoothing in developed ...in consumption determination and is not used as a consumption smoothing ...their consumption levels against unforeseen shortfalls, like ...
68
Hedge Funds: Pricing Controls and the Smoothing of Self-Reported Returns
... We investigate the extent to which hedge fund managers smooth self‐reported returns. In contrast with prior research on the “anomalous” properties of hedge fund returns, we observe the mechanisms used to ...
59
Shocks, Stocks and Socks: Consumption Smoothing and the Replacement of Durables During an Unemployment Spell.
... Internal Capital Markets 2.20 3 0.53 Notes: 1. The restrictions corresponding to each model are discussed in the text. To summarize, benefits appear to have an effect on the structure of demand, conditional on total ...
48
Consumption and income smoothing
... underground consumption profiles in Italy using econometric techniques in a partial equilibrium ...of consumption are complements, so implying that when underground consumption rises, marginal ...
30
Aggregate dividends and consumption smoothing
... case, consumption remains perfectly correlated with output for all values of ...while consumption becomes less volatile, it does not become less pro-cyclical in the RA case, which contrasts with the value ...
38
Aggregate dividends and consumption smoothing
... case, consumption remains perfectly correlated with output for all values of ...while consumption becomes less volatile, it does not become less pro-cyclical in the RA case, which contrasts with the value ...
38
Mortgage Refinancing and Consumption Smoothing
... durable consumption good from which the owner derives ...income shocks by serving as collateral for secured loans and through remortgaging, borrowers can alter their debt position without moving their ...
35
Consumption Smoothing and Vulnerability in Russia
... idiosyncratic shocks and coping strategies as they pertain to (i) the labour market, (ii) the formal social safety net and (iii) informal support ...their consumption but also exposing them to risk through ...
39
Consumption smoothing and vulnerability in Russia
... of shocks, households complement standard insurance strategies such as reduction of non-food expenditure, adjustment of labour supply and increased borrowing, with participation in more informal risk sharing ...
37
Aggregate dividends and consumption smoothing
... case, consumption remains perfectly correlated with output for all values of 𝜉 ...while consumption becomes less volatile, it does not become less pro-cyclical in the RA case, which contrasts with the value ...
37
Smoothing shocks and balancing budgets in a currency union
... on shocks to foreign prices, an export demand shifter, government spending, and the interest rate in the rest of the union, since these are asymmetric shocks to which an argument like that of Mundell (1961) ...
56
Consumption Smoothing Channels in Open Economies
... run smoothing is higher in the 90s than in the ...investment smoothing is higher in the 80s, the opposite dynamics of net exports outbalances this e®ect: in the 80s the trade balance, after a surplus on ...
31
Consumption smoothing and the welfare cost ofuncertainty
... manage consumption risk is a significant determinant of individual and household welfare in developing countries, where households live in an uncertain en- vironment with limited access to formal financial ...
48
Consumption Smoothing and Liquidity Income Redistribution
... fluctuations if other observable covariates are adequate proxies for permanent income differences. For this purpose, we include education, self-assessed socioeconomic class membership, and demographic and ...
34
Propagation and smoothing of shocks in alternative social security systems
... such shocks most effectively, as retirees’ direct gains from the shocks themselves are smaller than are those of ...fertility shocks, the second most important shocks, are more effective when ...
45
Effects of study design and allocation on self reported alcohol consumption: randomized trial
... The trial reported here demonstrates the feasibility of studying such phenomena on a large scale. However, key elements liable to lead to research participation effects may be missing; namely, patients with an ...
9