Sökning: "Karl Harmenberg"
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1. Essays on Income Risk and Inequality
Sammanfattning : Consumption Dynamics under Time-Varying Unemployment Risk We study the response of households' demand for durable goods to fluctuations in unemployment risk. First, using survey data, we document that household durable expenditures react strongly to unemployment risk, while the effect on nondurable expenditures is indistinguishable from zero. LÄS MER
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