Trickle-down consumption, financial deregulation, inequality, and indebtedness

Trickle-down Consumption

Using state-level variation over time in the top deciles of the income distribution, we observe that nonrich households consume a larger share of their current income when exposed to higher top income levels. We argue that permanent income, wealth effects, or upward local price pressures cannot be the sole explanation for this finding. Instead, we show that the budget shares non-rich households...

XXVII , Part III FINANCIAL DEREGULATION AND IRISH CONSUMPTION BEHAVIOUR

The objective of this study is to assess whether financial deregulation has had a statistically significant effect on Irish consumption behaviour. Specifically, the study asks whether financial deregulation has affected consumption behaviour by reducing liquidity constraints. Formal stability tests are used to test for diminished liquidity constraints as indicated by a decrease in the excess se...

Trickle-Down Abusive Supervision 1 Running Head: TRICKLE-DOWN MODEL OF ABUSIVE SUPERVISION A Trickle-Down Model of Abusive Supervision

Much of the abusive supervision research has focused on the supervisor-subordinate dyad when examining the effects of abusive supervision on employee outcomes. Using data from a large multi-source field study, we extend this research by testing a trickle-down model of abusive supervision across three hierarchical levels (i.e., managers, supervisors, and employees). Drawing on social learning th...

Trickle-down Processes and Their Boundaries

It is possible to represent each of a number of Markov chains as an evolving sequence of connected subsets of a directed acyclic graph that grow in the following way: initially, all vertices of the graph are unoccupied, particles are fed in one-byone at a distinguished source vertex, successive particles proceed along directed edges according to an appropriate stochastic mechanism, and each par...

Supply-side and trickle-down therapy.