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Risk and Saving in Two-Person Households: More Scope for Precautionary Saving
two-earner households risk order precautionary saving
2012/10/22
The existing literature suggests that when the saving decision of two-earner households under risk is analysed, standard results on the existence of precautionary saving no longer apply: precautionary...
We use micro data from the U.S. Internal Revenue Service to document how households' tax liabilities vary with income, marital status and the number of dependents. We report facts on the distributions...
Households,families and work
Households families work
2009/11/3
This article describes the employment patterns of households and families using the Annual Population Survey (APS) household datasets. The household datasets are designed for analysis at the family an...
The Analysis of One-Person Households' Consumption Structure by AI Demand System
AIDS (Almost Ideal Demand System) one-person households consumption structure substitute complement
2009/8/18
The objective of this paper is to analyze the consumption patterns of the Japanese one-person households in the years between 2000 and 2005. A Linear Approximate Almost Ideal Demand System (LAIDS) mod...
The Wealth and Asset Holdings of U.S.- Born and Foreign-Born Households: Evidence from SIPP Data
immigrants wealth asset portfolios
2013/10/25
SIPP data are used to analyze the wealth of the U.S. foreign-born population. We find that the median wealth level of U.S.-born couples is 2.3 times the median of foreign-born couples, while the media...
The Response of Consumption in Russian Households to Economic Shocks
Consumption, savings consumption smoothing precautionary savings
2013/10/18
This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During the time period studied in this paper (1994 – 1998), Russia experienced two major ...