Ecologic Proxies for Household Income

Ecologic proxies for household income: how well do they work for the analysis of health and health care utilization?

BACKGROUND Researchers often use census-derived measures of socioeconomic status (SES) when personal information is not available. Theory predicts that the resulting misclassification will blunt associations between outcomes and SES and that control for confounding by SES will be less effective. The purpose of this paper was to examine the magnitude of this problem using data from the National ...

Modelling Household Income Dynamics

This paper is about income and poverty dynamics and their socioeconomic correlates. The first half of the paper aims to establish some of the salient facts for Britain, applying the pioneering methods of Bane and Ellwood (1986). Important for poverty dynamics are changes in labour earnings from persons other than the household head, changes in non-labour income (including benefits), and changes...

Dwelling Prices and Household Income

The purchase of a dwelling is, for many households, the largest financial decision they will make, and their home is their most valuable asset. Household net worth is therefore closely linked to dwelling prices, while a sizeable share of household income is devoted to mortgage interest payments. Developments in the housing market can also have significant effects on the wider economy, while res...

Income Inequality and Household Debt

How Does Monetary Policy Affect Household Income Distribution?

Over the last decades the research on monetary policy has largely concentrated on the impact of monetary authorities’ decisions on inflation and the fine-tuning of the macroeconomic, so that distributional effects of monetary policy which are non-trivial has been ignored. A view that has become increasingly popular since the financial crisis 2008 is that expansionary monetary policy can exacerb...