Households became more geographically segregated by income in the United States between 1970 and 1990. Research shows that growing up in a poor neighborhood is associated with worse outcomes for children. This suggests that economic segregation may be harmful to children. Economic inequality also increased between 1970 and 1980. Theoretical arguments suggest that the increase in inequality led ...

Background and Objectives: An association between socioeconomic status (SES) and poor health has been recognized. Inequalities in nutrition have been associated with inequalities in health. This study aimed to identify the social variability in the food and nutrient intake of Iranian households. Materials and Methods: This study was conducted in the framework of the Comprehensive Study on Hous...

This paper explores empirically whether Japanese consumers became more prudent in the second half of the 1990s, a decade in which Japan registered historically low economic growth. Employing the methodology developed by Dynan (1993), this study uses microlevel data from the Family Savings Survey and the Family Income and Expenditure Survey to estimate the coefficient of prudence for Japanese ho...

We show that after the revelation of corporate frauds in a state, the equity holdings of households in that state decrease significantly both in the extensive and the intensive margins. Using an exogenous shock to fraud detection and exogenous variation in households’ lifetime experiences of corporate fraud, we are able to establish that the impact of fraud revelation in local companies on hous...

Poverty is likely to deepen as the AIDS epidemic takes its course, with households being caught up in a vicious cycle of poverty and HIV/AIDS. This paper shows that affected households are poorer than non-affected households, regardless of whether income is measured at the household, per capita or adult equivalent level and regardless of the poverty line or poverty measure employed in measuring...

This article studies the impact of internal migration and remittance flows on wealth accumulation and distribution in 51 rural villages in Nang Rong, Thailand. Using data from 5,449 households, the study constructs indices of household productive and consumer assets with principal component analysis. The changes in these indices from 1994 to 2000 are modeled as a function of households' prior m...

We first examine the determinants of household expenditures on space heating and hot water supply in Germany. A number of socio-economic characteristics of households are included along with building characteristics. Our analysis covers information on more than 12,000 households in Germany for the years 1998 and 2003. The analysis continues by investigating whether different kinds of households...

The economic well-being of most U.S. farm households depends on income from both onfarm and off-farm activities. Consequently, for many farm households, economic decisions (including technology adoption and other production decisions) are likely to be shaped by the allocation of managerial time among such activities. While time allocation decisions are usually not measured directly, we observe ...

We study issues related to the long-run distribution of wealth in two variants of Ramsey’s model of optimal capital accumulation. First we show that, in the case where a government levies a progressive income tax, there exist infinitely many stationary equilibria in which all households own positive capital stocks. Moreover, it is demonstrated that non-stationary equilibria can exhibit complica...

We study Markov-perfect Nash equilibria (MPNE) of a Ramsey-Cass-Koopmans economy in which households are aware of their influence on prices. The Ramsey conjecture fails to hold such that households other than the most patient one own positive wealth in the steady state. This confirms results that have been derived in the same model using an openloop equilibrium concept. In contrast to the compe...