Earnings Volatility and Its Consequences for Households

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (793 download)

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Book Synopsis Earnings Volatility and Its Consequences for Households by :

Download or read book Earnings Volatility and Its Consequences for Households written by and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Earnings Volatility and Its Consequences for Households

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Publisher :
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (793 download)

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Book Synopsis Earnings Volatility and Its Consequences for Households by : Danielle Venn

Download or read book Earnings Volatility and Its Consequences for Households written by Danielle Venn and published by . This book was released on 2011 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Earnings Volatility

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Publisher :
ISBN 13 :
Total Pages : 137 pages
Book Rating : 4.:/5 (913 download)

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Book Synopsis Earnings Volatility by : Christopher Michael Handy

Download or read book Earnings Volatility written by Christopher Michael Handy and published by . This book was released on 2013 with total page 137 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earnings volatility-variability over time in a worker's earnings-is interesting for its potential welfare consequences and as a labor market outcome. In the presence of liquidity constraints, households may not be able to smooth consumption when faced with volatile earnings. And rising earnings volatility may indicate that workers are changing jobs more often or that implicit contracts governing compensation within jobs are smoothing pay less, to name two possibilities. This dissertation shows that earnings volatility has increased in the U.S., and assesses, for a specific concept and measure of volatility, the reasons for the increase. After an introduction, Chapter 2 introduces my preferred volatility measure, the volatility of residual earnings after estimating life cycle earnings profiles. Previous literature covers an array of concepts and measures of volatility. I outline differences among these approaches and argue that the primary motivation for studying volatility-potential welfare losses-has implications for the specification of the life cycle profiles and measures of earnings volatility. Chapter 3 describes the data I use, a sample of male heads of household from the PSID. In Chapter 4, I show that earnings volatility has increased in the U.S., and that about 70 percent of the increase is explained by volatility of wages rather than hours worked. I describe how earnings volatility differs across groups, and show that it has increased among almost all groups. Finally, I consider whether these findings depend on some measurement choices. All measures show increasing earnings volatility in the U.S., but the amount of the increase and comparisons of volatility across groups are often sensitive to methodological choices. Chapter 5 addresses why earnings volatility has increased in the U.S.I develop a decomposition approach to attribute changes in economy-wide volatility to various factors. I create a demand shock index that measures workers' predicted exposure to labor demand shocks, using national changes in the occupation-industry distribution of hours worked. My major finding is that larger or more frequent labor demand shocks explain about half of the increase in economy-wide earnings volatility between 1975 and 2005.

The Evolution of Household Income Volatility

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Publisher :
ISBN 13 :
Total Pages : 86 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis The Evolution of Household Income Volatility by : Karen E. Dynan

Download or read book The Evolution of Household Income Volatility written by Karen E. Dynan and published by . This book was released on 2007 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Financial Diaries

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Publisher : Princeton University Press
ISBN 13 : 0691172986
Total Pages : 248 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis The Financial Diaries by : Jonathan Morduch

Download or read book The Financial Diaries written by Jonathan Morduch and published by Princeton University Press. This book was released on 2017-04-04 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the groundbreaking U.S. Financial Diaries project (http://www.usfinancialdiaries.org/), which follows the lives of 235 low- and middle-income families as they navigate through a year, the authors challenge popular assumptions about how Americans earn, spend, borrow, and save-- and they identify the true causes of distress and inequality for many working Americans.

The Economics of Food Price Volatility

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Publisher : University of Chicago Press
ISBN 13 : 022612892X
Total Pages : 394 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis The Economics of Food Price Volatility by : Jean-Paul Chavas

Download or read book The Economics of Food Price Volatility written by Jean-Paul Chavas and published by University of Chicago Press. This book was released on 2014-10-14 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The conference was organized by the three editors of this book and took place on August 15-16, 2012 in Seattle."--Preface.

Food Insufficiency and Income Volatility in U. S. Households

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Publisher :
ISBN 13 : 9781457830259
Total Pages : 27 pages
Book Rating : 4.8/5 (32 download)

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Book Synopsis Food Insufficiency and Income Volatility in U. S. Households by : Molly Dahl

Download or read book Food Insufficiency and Income Volatility in U. S. Households written by Molly Dahl and published by . This book was released on 2012-06-20 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study explores how the use of imputed earnings data to measure income in the Survey of Income and Program Participation affects the observed relationship between household income volatility and food insufficiency. The study finds that the inclusion of imputed earnings data when measuring income volatility substantially understates the association between large drops in household income and food insufficiency. After excluding observations with imputed earnings, large drops in income are associated with a 1.3 percentage point increase in the probability of food insufficiency, although the estimate is not statistically significant at conventional levels. Charts and tables. This is a print on demand report.

The Capital Market Consequences of Earnings Volatility

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (93 download)

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Book Synopsis The Capital Market Consequences of Earnings Volatility by : Robert Resutek

Download or read book The Capital Market Consequences of Earnings Volatility written by Robert Resutek and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reconciling Trends in U.S. Male Earnings Volatility

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Publisher :
ISBN 13 :
Total Pages : 31 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Reconciling Trends in U.S. Male Earnings Volatility by : Robert A. Moffitt

Download or read book Reconciling Trends in U.S. Male Earnings Volatility written by Robert A. Moffitt and published by . This book was released on 2022 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: One strand of the literature in labor economics, household finance, and macroeconomics has studied whether individual earnings volatility has risen or fallen in the U.S. over the last several decades. There are disagreements in the empirical literature on this question, with some suggestions that the differences are the result of using flawed survey data instead of more accurate administrative data. This paper summarizes the results of a project to reconcile these findings with four different data sets and six different data series--three survey and three administrative data series, including two which match survey respondent data to their administrative data. Four of the six series show no significant trend in male earnings volatility over the last 20-to-30+ years when differences across the data sets are properly accounted for. A fifth shows a positive net trend but small in magnitude. A sixth shows no net trend 1998-2011 and only a small decline thereafter. The remaining differences across data series can be largely explained by differences in the left tail of their cross-sectional earnings distributions. We conclude that the data sets we have analyzed show little evidence of any significant trend in male earnings volatility since the mid-1980s.

Reconciling Trends in U.S. Male Earnings Volatility

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (119 download)

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Book Synopsis Reconciling Trends in U.S. Male Earnings Volatility by : Robert A. Moffitt

Download or read book Reconciling Trends in U.S. Male Earnings Volatility written by Robert A. Moffitt and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a large literature on earnings and income volatility in labor economics, household finance, and macroeconomics. One strand of that literature has studied whether individual earnings volatility has risen or fallen in the U.S. over the last several decades. There are strong disagreements in the empirical literature on this important question, with some studies showing upward trends, some downward trends, and some flat trends. Some studies have suggested that the differences are the result of using flawed survey data instead of more accurate administrative data. This paper provides an overview of a project attempting to reconcile these findings with four different data sets and six different data series--three survey and three administrative data series, including two which match survey respondent data to their administrative data. Using common specifications, measures of volatility, and other treatments of the data, the papers show almost uniformly a lack of any significant long-term trend in male earnings volatility over the last 30 years. Moreover, the survey and the administrative data almost entirely agree on that long-term stability when the comparison is done properly. Several possible explanations for the differing finds in past work are suggested by the papers. The stability of earnings volatility raises many questions for future research on trends in the U.S. labor market.

Income Volatility and Food Assistance in the United States

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Publisher : W.E. Upjohn Institute
ISBN 13 : 0880993367
Total Pages : 319 pages
Book Rating : 4.8/5 (89 download)

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Book Synopsis Income Volatility and Food Assistance in the United States by : Dean Jolliffe

Download or read book Income Volatility and Food Assistance in the United States written by Dean Jolliffe and published by W.E. Upjohn Institute. This book was released on 2008 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers in this volume provide much needed focus and in depth coverage of the effect of income-volatility on the participation and design of food-assistance programs such as the Food Stamp Program and the National School Lunch Program.

Income Volatility and Implications for Food Assistance Programs

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Publisher : Univ of Wisconsin Press
ISBN 13 : 0299237737
Total Pages : 228 pages
Book Rating : 4.2/5 (992 download)

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Book Synopsis Income Volatility and Implications for Food Assistance Programs by : John Karl Scholz

Download or read book Income Volatility and Implications for Food Assistance Programs written by John Karl Scholz and published by Univ of Wisconsin Press. This book was released on 2010-03-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: These articles cover a wide range of topics related to income volatility and food assistance programs and evaluation of the safety net.

Man Out

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Publisher : Brookings Institution Press
ISBN 13 : 0815732759
Total Pages : 340 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Man Out by : Andrew L. Yarrow

Download or read book Man Out written by Andrew L. Yarrow and published by Brookings Institution Press. This book was released on 2018-09-11 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The story of men who are hurting—and hurting America by their absence Man Out describes the millions of men on the sidelines of life in the United States. Many of them have been pushed out of the mainstream because of an economy and society where the odds are stacked against them; others have chosen to be on the outskirts of twenty-first-century America. These men are disconnected from work, personal relationships, family and children, and civic and community life. They may be angry at government, employers, women, and "the system" in general—and millions of them have done time in prison and have cast aside many social norms. Sadly, too many of these men are unsure what it means to be a man in contemporary society. Wives or partners reject them; children are estranged from them; and family, friends, and neighbors are embarrassed by them. Many have disappeared into a netherworld of drugs, alcohol, poor health, loneliness, misogyny, economic insecurity, online gaming, pornography, other off-the-grid corners of the internet, and a fantasy world of starting their own business or even writing the Great American novel. Most of the men described in this book are poorly educated, with low incomes and often with very few prospects for rewarding employment. They are also disproportionately found among millennials, those over 50, and African American men. Increasingly, however, these lost men are discovered even in tony suburbs and throughout the nation. It is a myth that men on the outer corners of society are only lower-middle-class white men dislocated by technology and globalization. Unlike those who primarily blame an unjust economy, government policies, or a culture sanctioning "laziness," Man Out explores the complex interplay between economics and culture. It rejects the politically charged dichotomy of seeing such men as either victims or culprits. These men are hurting, and in turn they are hurting families and hurting America. It is essential to address their problems. Man Out draws on a wide range of data and existing research as well as interviews with several hundred men, women, and a wide variety of economists and other social scientists, social service providers and physicians, and with employers, through a national online survey and in-depth fieldwork in several communities.

A Roadmap to Reducing Child Poverty

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Publisher : National Academies Press
ISBN 13 : 0309483980
Total Pages : 619 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis A Roadmap to Reducing Child Poverty by : National Academies of Sciences, Engineering, and Medicine

Download or read book A Roadmap to Reducing Child Poverty written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2019-09-16 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: The strengths and abilities children develop from infancy through adolescence are crucial for their physical, emotional, and cognitive growth, which in turn help them to achieve success in school and to become responsible, economically self-sufficient, and healthy adults. Capable, responsible, and healthy adults are clearly the foundation of a well-functioning and prosperous society, yet America's future is not as secure as it could be because millions of American children live in families with incomes below the poverty line. A wealth of evidence suggests that a lack of adequate economic resources for families with children compromises these children's ability to grow and achieve adult success, hurting them and the broader society. A Roadmap to Reducing Child Poverty reviews the research on linkages between child poverty and child well-being, and analyzes the poverty-reducing effects of major assistance programs directed at children and families. This report also provides policy and program recommendations for reducing the number of children living in poverty in the United States by half within 10 years.

The Distributional Implications of the Impact of Fuel Price Increases on Inflation

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Publisher : International Monetary Fund
ISBN 13 : 1616356154
Total Pages : 34 pages
Book Rating : 4.6/5 (163 download)

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Book Synopsis The Distributional Implications of the Impact of Fuel Price Increases on Inflation by : Mr. Kangni R Kpodar

Download or read book The Distributional Implications of the Impact of Fuel Price Increases on Inflation written by Mr. Kangni R Kpodar and published by International Monetary Fund. This book was released on 2021-11-12 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.

The Economics of World War I

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Publisher : Cambridge University Press
ISBN 13 : 1139448358
Total Pages : 363 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis The Economics of World War I by : Stephen Broadberry

Download or read book The Economics of World War I written by Stephen Broadberry and published by Cambridge University Press. This book was released on 2005-09-29 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unique volume offers a definitive new history of European economies at war from 1914 to 1918. It studies how European economies mobilised for war, how existing economic institutions stood up under the strain, how economic development influenced outcomes and how wartime experience influenced post-war economic growth. Leading international experts provide the first systematic comparison of economies at war between 1914 and 1918 based on the best available data for Britain, Germany, France, Russia, the USA, Italy, Turkey, Austria-Hungary and the Netherlands. The editors' overview draws some stark lessons about the role of economic development, the importance of markets and the damage done by nationalism and protectionism. A companion volume to the acclaimed The Economics of World War II, this is a major contribution to our understanding of total war.

Food Price Volatility and Its Implications for Food Security and Policy

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Publisher : Springer
ISBN 13 : 3319282018
Total Pages : 620 pages
Book Rating : 4.3/5 (192 download)

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Book Synopsis Food Price Volatility and Its Implications for Food Security and Policy by : Matthias Kalkuhl

Download or read book Food Price Volatility and Its Implications for Food Security and Policy written by Matthias Kalkuhl and published by Springer. This book was released on 2016-04-12 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides fresh insights into concepts, methods and new research findings on the causes of excessive food price volatility. It also discusses the implications for food security and policy responses to mitigate excessive volatility. The approaches applied by the contributors range from on-the-ground surveys, to panel econometrics and innovative high-frequency time series analysis as well as computational economics methods. It offers policy analysts and decision-makers guidance on dealing with extreme volatility.