Why are Households that Report the Lowest Incomes So Well-off?

Why Do Chinese Households Save So Much?

Using a dataset that covers 5 decades (1960–2009), we show that the main determinants of China's household savings rate are disposable income (measured by its reciprocal) and the old-age dependency rate. The income growth rate and young age dependency rate have a limited role. Our findings support the Keynesian saving hypothesis instead of Modigliani’s life cycle hypothesis, although precaution...

Why are case-time estimates so often off?

1 Self - employed Immigrants in Denmark and Sweden . Why are their incomes so low ?

When studying income differences and income distribution the self-employed are often excluded. There are good reasons for this, for example that incomes from self-employment are not reported to the same extent as income from being an employee. On the other hand it is a problem to exclude the self-employed if the group is large, the share who are self-employed differs between groups, and the ave...

Vulnerable Households and Variable Incomes

In this paper we examine the concept of “vulnerability” within the context of income mobility of the poor. We test for the dynamics of vulnerable households in the UK using Waves 1 12 of the British Household Panel Study and find that, of three different types of risks that we test for, household-specific shocks and economy-wide aggregate shocks have the greatest impact on consumption, in compa...

Why are health care report cards so bad (good)?

This paper provides a signaling-game theoretical foundation for empirically testing the effects of quality report cards in the U.S. health care industry. It shows that, when health care providers face an identical distribution of patient illness severities, the multidimensional measures in the existing report cards render them a mechanism that reveals the providers' qualities without causing th...