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  1. Estimating the marginal propensity to consume using the distributions of income, consumption and wealth
    Author: Fisher, Jonathan; Johnson, David S.; Smeeding, Timothy M.; Thompson, Jeffrey P.
    Published: [2019]
    Publisher:  Federal Reserve Bank of Boston, [Boston, MA]

    Recent studies of economic inequality almost always separately examine income, consumption, and wealth inequality and, hence, miss the important synergy among the three measures explicit in the life-cycle budget constraint. Using Panel Study of... more

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    DS 82
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    Recent studies of economic inequality almost always separately examine income, consumption, and wealth inequality and, hence, miss the important synergy among the three measures explicit in the life-cycle budget constraint. Using Panel Study of Income Dynamics data from 1999 through 2013, we examine whether these changes are more dramatic at higher or lower levels of wealth and find that the marginal propensity to consume is lower at higher wealth quintiles. This suggests that low-wealth households cannot smooth consumption as much as other households do, which further implies that increasing wealth inequality likely reduces aggregate consumption and limits economic growth.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/202932
    Edition: This version: February 2019
    Series: Working papers / Federal Reserve Bank of Boston ; no. 19, 4
    Subjects: Marginal Propensity to Consume; Wealth Distribution; Inequality
    Scope: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  2. Taxing property: suggestions for reform
    Author: McDonnell, Thomas A.
    Published: [2019]
    Publisher:  NERI, Dublin

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Edition: This version: 10 July 2019
    Series: NERI working paper series ; no. 63 (July 2019)
    Subjects: Ireland; Taxation; Wealth Distribution; Inequality; Wealth; Wealth Taxes
    Scope: 1 Online-Ressource (circa 36 Seiten)
  3. Essays in macroeconomics and political economy
    Author: Pronin, Mathias
    Published: 2019
    Publisher:  Stockholm University, Stockholm

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 778
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    Source: Union catalogues
    Language: English
    Media type: Dissertation
    Format: Online
    ISBN: 9789177978107
    Other identifier:
    Series: Dissertations in economics ; 2019, 3
    Subjects: Monetary Policy; House Prices; Bayesian Estimation; Wealth Distribution; Heterogeneous Preferences; Political Budget Cycles
    Scope: 1 Online-Ressource (circa 123 Seiten), Illustrationen
    Notes:

    Dissertation, Stockholm University, 2019
  4. Household balance sheet channels of monetary policy
    a back of the envelope calculation for the Euro Area
    Author: Slacalek, Jirka; Tristaniv, Oreste; Violante, Giovanni L.
    Published: 24 December 2019
    Publisher:  Centre for Economic Policy Research, London

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    LZ 161
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    Location:
    Universitätsbibliothek Mannheim
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP14245
    Subjects: Consumption; Euro Area; Hand-to-Mouth; Household Balance Sheets; Household Heterogeneity; Housing; Inflation; Labor Income; Marginal Propensity to Consume; Monetary Policy; Wealth Distribution
    Scope: 1 Online-Ressource (circa 57 Seiten), Illustrationen