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El impacto de los Ingresos Transitorios y Permanentes en el consumo de los hogares
(Universidad Peruana de Ciencias Aplicadas (UPC)PE, 2021-10-29)
El presente trabajo estudia como la participación de los grupos de gasto cambia ante variaciones de los ingresos, teniendo en cuenta que los ingresos son clasificados en transitorios y permanentes. La literatura supone que ...
El impacto de los Ingresos Transitorios y Permanentes en el consumo de los hogaresThe impact of transitory and permanent income on household consumption
(Universidad Peruana de Ciencias Aplicadas (UPC)PE, 2021)
Common cycles and the importance of transitory shocks to macroeconomic aggregates
(Elsevier Science Bv, 2001-06)
Although there has been substantial research using long-run co-movement (cointegration) restrictions in the empirical macroeconomics literature, little or no work has been done investigating the existence of short-run ...
Income risk, income mobility and welfare
(Universidad de los Andes, Facultad de Economía, CEDE, 2013)
This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, an i.i.d. ...
Inequality of outcomes vs. inequality of opportunities in a developing country. An exploratory analysis for Chile
(UNIVERSIDAD DE CHILE DEPARTAMENTO DE ECONOMIA, 2007-12)
We apply a variation of Bourguignon, Melendez and Ferreira (2005) methodology to examine the extent to which income inequality is associated with the inequality of observed exogenous circumstances of origin that determine ...
Exogenous shocks, credit reports and access to credit: Evidence from colombian coffee producers
(Universidad de los Andes, Facultad de Economía, CEDE, 2021)
Credit reporting systems have become a widespread tool to assess the creditworthiness of prospective borrowers. This paper studies the implications for credit access of using them in contexts where exogenous and transitory ...
INEQUALITY OF OUTCOMES VS. INEQUALITY OF OPPORTUNITIES IN A DEVELOPING COUNTRY: AN EXPLORATORY ANALYSIS FOR CHILE
(Universidad de Chile. Departamento de Economía, 2007)
The welfare cost of business cycles for heterogeneous consumers: a state-space decomposition
(Economics Bulletin, 2017)
The main objective of this paper is to measure the welfare costs related to permanent and transitory shocks for heterogeneous consumers. We use data from the Consumer Expenditure Survey (CEX) and compute the average ...
Reference-dependence and labor supply decisions
(2020-05-21)
O modelo de oferta de trabalho de ciclo-da-vida prediz que choques de renda transitórios deveriam ter um efeito negligível na provisão de trabalho. Essa predição foi desafiada por uma série de artigos mostrando que ...
Desigualdade interpessoal de renda:implicações sobre o crescimento econômico dos municípios brasileiros
(Universidade Federal de Minas GeraisBrasilFCE - DEPARTAMENTO DE CIÊNCIAS ECONÔMICASUFMG, 2017)
This paper's goal is to assess the adverse effect that interpersonal income inequality had on the economic development of Brazilian cities. Because of the endogeneity between income inequality and econo-mic growth, possibly ...