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  1. 1. Essays on Income Risk and Inequality

    Författare :Karl Harmenberg; Per Krusell; Fatih Guvenen; Stockholms universitet; []
    Nyckelord :SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; income risk; income inequality; consumption; durable goods; cyclical skewness; top-income inequality; gender gap; glass ceiling; assortative mating; Economics; nationalekonomi;

    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