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Social Sciences x Household Analysis x Macroeconomics and Monetary Economics x clear all

Calculating Rural-Urban Food Price Differentials from Unit Values in Household Expenditure Surveys: A Comparison with Existing Methods and A New Procedure

Amita Majumder, Ranjan Ray and Kompal Sinha.

in American Journal of Agricultural Economics

October 2012; p ublished online July 2012 .

Journal Article. Subjects: Econometric and Statistical Methods and Methodology: General; Household Behaviour and Family Economics; Urban, Rural, and Regional Economics; Prices, Business Fluctuations, and Cycles; Household Analysis. 9385 words.

While purchasing power parity (PPP) between countries has received a great deal of attention, PPP calculations within countries have received less attention. The idea that one unit of...

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House Prices and Consumer Spending

David Berger, Veronica Guerrieri, Guido Lorenzoni and Joseph Vavra.

in The Review of Economic Studies

July 2018; p ublished online October 2017 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Prices, Business Fluctuations, and Cycles; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Household Behaviour and Family Economics; Intertemporal Choice and Growth; Household Analysis. 19460 words.

Abstract

Recent empirical work shows large consumption responses to house price movements. This is at odds with a prominent theoretical view which, using the...

Recourse and Residential Mortgage Default: Evidence from US States

Andra C. Ghent and Marianna Kudlyak.

in The Review of Financial Studies

September 2011; p ublished online June 2011 .

Journal Article. Subjects: Money and Interest Rates; Banking; Financial Regulation; Property Law; Household Analysis. 22052 words.

We quantify the effect of recourse on default and find that recourse affects default by lowering the borrower's sensitivity to negative equity. At the mean value of the default option for...