Transmission of Income Variations to Consumption Variations: The Role of the Firm (Record no. 133711)
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000 -LEADER | |
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fixed length control field | 01479nam a2200253Ia 4500 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 240826s9999||||xx |||||||||||||| ||und|| |
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER | |
International Standard Serial Number | 0034-6535 |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Liu, Yu-Jane |
9 (RLIN) | 120450 |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Meng, Juanjuan |
9 (RLIN) | 120451 |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Zhang, Yu |
9 (RLIN) | 120239 |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | 2024 |
9 (RLIN) | 120452 |
100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Jin, Miao |
9 (RLIN) | 120453 |
245 #0 - TITLE STATEMENT | |
Title | Transmission of Income Variations to Consumption Variations: The Role of the Firm |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Name of publisher, distributor, etc. | The Review of Economics and Statistics |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2024 |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 423-436 |
520 ## - SUMMARY, ETC. | |
Abstract | We use matched employer-employee data to study the role of the firm in the transmission of income growth into consumption growth. We find that growth in income relative to the firm average (the within-firm component) translates significantly less into consumption than growth in firm average income (the between-firm component). These findings are explained by the lower persistence of the within-firm component of income, better self-insurance for workers more exposed to variations in income growth from the within-firm component, and peer effects in the workplace. Quantitatively, income persistence provides 43% of the explanatory power, self-insurance provides 35%, and peer effects provide 22%. |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Consumption Growth |
9 (RLIN) | 120454 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Consumption Variations |
9 (RLIN) | 120455 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Demography |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Income Inequality |
9 (RLIN) | 9149 |
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
Topical term or geographic name entry element | Income Growth |
9 (RLIN) | 120456 |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://doi.org/10.1162/rest_a_01157">https://doi.org/10.1162/rest_a_01157</a> |
999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
Koha biblionumber | 133711 |
Withdrawn status | Lost status | Damaged status | Not for loan | Home library | Current library | Date acquired | Serial Enumeration / chronology | Total Checkouts | Barcode | Date last seen | Price effective from | Koha item type |
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Dr VKRV Rao Library | Dr VKRV Rao Library | 27/08/2024 | Vol. 106, No. 2 | AI362 | 27/08/2024 | 27/08/2024 | Article Index |