Shocks, Stocks, and Socks: Smoothing Consumption over a Temporary Income Loss.

Shocks, Stocks, and Socks: Smoothing Consumption over a Temporary Income Loss.

We investigate how households in temporarily straitened circumstances due to an unemployment spell cut back on expenditures and how they spend marginal dollars of unemployment insurance (UI) benefit. Our theoretical and empirical analyses emphasize the importance of allowing for the fact that househ...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoirí:	Browning, M, Crossley, T
Formáid:	Journal article
Teanga:	English
Foilsithe / Cruthaithe:	MIT Press 2009

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