scholarly journals Philippine Household Income Mobility Measurement and its Decomposition using a Pseudo-Longitudinal Panel Data

2020 ◽  
Vol 9 ◽  
pp. 249-256
Author(s):  
Melcah Pascua Monsura ◽  
Keyword(s):  
Panel Data ◽  
Household Income ◽  
Income Mobility ◽  
Mobility Measurement

Consumption growth, the interest rate, and financial sophistication

2016 ◽  
Vol 16 (3) ◽  
pp. 348-370
Author(s):  
TULLIO JAPPELLI ◽  
MARIO PADULA
Keyword(s):  
Panel Data ◽  
Interest Rate ◽  
Euler Equation ◽  
Household Income ◽  
Elasticity Of Substitution ◽  
Consumption Growth ◽  
Portfolio Returns ◽  
Italian Survey ◽  
The Interest Rate

AbstractWe propose a model in which financial sophistication improves portfolio returns and therefore the incentive to substitute consumption intertemporally. The model delivers an Euler equation in which consumption growth is positively correlated with financial sophistication. We test the model's prediction using panel data on consumption and financial sophistication drawn from the Italian Survey of Household Income and Wealth. We find that consumption growth is positively correlated with financial sophistication, as predicted by the model. We also provide estimates of the intertemporal elasticity of substitution in the range between 0.4 and 0.6.

Overcoming Geographic Penalties of Inequality

2018 ◽  
Vol 46 (3) ◽  
pp. 260-280 ◽  
Author(s):  
Scott R. Sanders ◽  
Jonathan A. Muir ◽  
Ralph B. Brown
Keyword(s):  
Panel Data ◽  
Household Income ◽  
Well Being ◽  
Spatial Inequality ◽  
Living Standard ◽  
Geographic Isolation ◽  
Social Barriers ◽  
Spatial Isolation ◽  
Female Headed Households

Abstract Geographic isolation and spatial inequality are growing issues for most countries. However, distance-demolishing technologies have been proposed as a solution of overcoming geographic barriers associated with geographic penalties. This research uses the rapid and widespread adoption of inexpensive motorcycles in Vietnam as a case study of how distance-demolishing technologies can improve household well-being. Utilising panel data from the 2004, 2006 and 2008 Vietnamese Household Living Standard Surveys, this research uses propensity score matching to isolate the effect that the introduction of a motorcycle has on household income. Our results show that new motorcycle ownership reduces spatial isolation penalties and significantly improves household well-being in Vietnam. In addition, marginalised populations, such as female-headed households and rural households, receive relatively larger returns from a new motorcycle. Our findings suggest that distance-demolishing technologies can contribute to the reduction of spatial inequality by helping households overcome both geographic and social barriers.

scholarly journals Stock Market Participation and the Internet

2008 ◽  
Vol 43 (1) ◽  
pp. 191-211 ◽  
Author(s):  
Vicki Bogan
Keyword(s):  
Panel Data ◽  
Stock Market ◽  
Transaction Costs ◽  
Household Income ◽  
The Internet ◽  
Fundamental Change ◽  
Participation Rates ◽  
Market Participation ◽  
The Past ◽  
Stock Market Participation

AbstractTheory indicates that frictions (e. g., information and transaction costs) could account for the lower than expected stock market participation rates. This paper examines the hypothesis that there has been a fundamental change in participation and links this change to the reduction of these frictions by the advent of the Internet. Using panel data on household participation rates over the past decade, the results show computer/Internet using households raised participation substantially more than non-computer using households. The increased probability of participation was equivalent to having over $27,000 in additional household income or over two more mean years of education.

scholarly journals PENINGKATAN TARIF CUKAI ROKOK DAN DAMPAKNYA TERHADAP PEREKONOMIAN DAN PENDAPATAN SEKTORAL JAWA TENGAH

KINERJA ◽  
2017 ◽  
Vol 19 (2) ◽  
pp. 99
Author(s):  
Fatoni Ashar ◽  
Firmansyah ,
Keyword(s):  
Panel Data ◽  
Household Income ◽  
Fixed Effect Model ◽  
Cigarette Consumption ◽  
Input Output ◽  
Output Analysis ◽  
Central Java ◽  
Effect Model ◽  
Panel Data Regression ◽  
Data Regression

This study analyzes the effect of excise of cigarette price changes to the consumption of cigarette and Central Java’s economy and household income. In the first stage, with employing panel data regression model,i.e. fixed effect model (FEM) which include 35 regencies/cities in Central Java Province during 2009-2013, the study examines the effect of cigarette excise to cigarette consumption. On the next stage, the study simulatesthe impact of cigarette consumption shock to the Central Java’s sectoral economy and household income using the Central Java 2013 Input-Output table. The findings indicate that the cigarette excise has a tradeoff effect tohousehold’s cigarette consumption. The increase of cigarette excise reduces cigarette consumption, and next, reduces output and sectoral household income. The cigarettes industries suffered the highest impact of thedecrease of the cigarette consumption, followed by other sectors which is has a high link to cigarette industries such as agricultures and tobacco sectors.Keywords: cigarette, excise, panel data regression, input-output analysis

scholarly journals Income Mobility and Its Implication on Government Welfare Expenditure

2008 ◽  
Vol 23 (1) ◽  
pp. 127-151
Author(s):  
Sung Myung Jae
Keyword(s):  
Labor Market ◽  
Household Income ◽  
Panel Study ◽  
The Elderly ◽  
Poverty Rate ◽  
Income Mobility ◽  
Poor Household ◽  
Pseudo Panel ◽  
Short Run ◽  
Welfare Expenditure

This paper analyzes income mobility betwen two consecutive periods and estimates the potential effects of introducing differentiated poverty treatment on direct government welfare expenditure. This is done by using a constructed pseudo-panel under the pre-existing two conditions: log-normality of household income and the stability of the household income distribution over time. This paper finds that income mobility shrank from the late 1990s onward. As a result, the probability that a poor household escapes from poverty dwindles. This is partly because the labor market becomes slightly more rigid and also partly because the population is rapidly aging: the share of the elderly who are mostly retirees is growing rapidly. A pseudo-panel study shows that total subsidies to support all poor household escapes from poverty dwindles. This is partly because the labor market becomes slightly more rigid and also partly because the population is rapidly aging: the share of the elderly who are mostly retirees is growing rapidly. A pseudo-panal study shows that total subsidies to support all poor households amount to 7.0 trillion won a year. It also shows that the lifelong poverty rate is 3.4%, approximately on third of the short-run poverty rate of 10.9%. A differential treatement on short-run and long-run poverty can save roughly half the fiscal burden of supporting the poor.

scholarly journals Determinants of Urban Sprawl: A Panel Data Approach

2017 ◽  
Vol 4 (2) ◽  
pp. 25 ◽  
Author(s):  
Joseph S. DeSalvo ◽  
Qing Su
Keyword(s):  
Panel Data ◽  
Household Income ◽  
Fixed Effects ◽  
Transportation Cost ◽  
Urban Fringe ◽  
Intergovernmental Transfers ◽  
Land Rent ◽  
Urbanized Area ◽  
Spatial Size ◽  
The Impact

This paper applies fixed effects (within-groups) and between-groups estimations to panel data to test hypotheses of the monocentric urban model with urbanized area data for the period 1990–2010. The paper examines the impact of population, household income, transportation cost, and land rent at the urban fringe on urbanized area spatial size. The fixed effects regression finds that a 1- percent increase in population and a 1- percent decrease in travel cost causes an urbanized area to expand by 1.087 percent and 0.127 percent, respectively. The impact of household income is non-linear. The regression results from the between-groups estimation indicate that geographic and political factors help explain the spatial size differences across urbanized areas. The spatial size of an urbanized area is larger with a higher percentage of the urban fringe overlying aquifers, a higher percentage of local revenues from intergovernmental transfers, a higher percentage of urban fringe incorporated in 1980, and a lower elevation range in the urban fringe.

scholarly journals The impact of the Vietnam Bank for Social Policies preferential credit on household welfare in Vietnam: a panel data analysis

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
An Duong
Keyword(s):  
Panel Data ◽  
Household Income ◽  
Fixed Effects ◽  
Household Welfare ◽  
Social Policies ◽  
Content Type ◽  
Household Poverty ◽  
Poverty Status ◽  
Status Assessment ◽  
The Impact

PurposeThis study aims to examine the impact of the preferential credit (represented by loan volume and duration) provided by the Vietnam Bank for Social Policies on household welfare (represented by household income and consumption) in Ninh Binh province, Vietnam. It also identifies and ranks the barriers of accessing the credit.Design/methodology/approachThe study applies fixed-effects method to handle the panel data to examine the impact of the credit on poverty reduction. It also uses face-to-face interviews and group discussions to identify and rank the barriers of accessing to the credit.FindingsThe results show that the loan volume significantly helps improve household income, but does not help improve household consumption. For example, a 1% increase in the loan volume is associated with an increase of almost 0.69% in household income, significant at the 1% level. In addition, the loan duration does not help improve household welfare. The major barriers of accessing the credit include the time spent to get to the nearest bank branch and the transparency of household poverty status assessment.Research limitations/implicationsData are collected in three years, the number of the sample limits at 300 households. A few variables are not included in the models due to resource limitation for data collection or the nature of the study method.Practical implicationsThe Vietnam Bank for Social Policies preferential credit may need to increase the loan volume to significantly help improve household welfare, hence reduce poverty. In addition, barriers of accessing the credit such as bank coverage and the household poverty status assessment should be eliminated so that more households, including poor ones, can have a better access.Social implicationsThe Vietnam Bank for Social Policies preferential credit can help to improve household welfare, hence ease household poverty status. To help the credit reach more people, accessing barriers such as bank coverage and the household poverty status assessment should be eliminated.Originality/valueThis is the first study that has examined the impact of the Vietnam Bank for Social Policies preferential credit on household welfare and identified barriers of accessing the credit. The quantitative analysis uses a panel data set constructed from 300 face-to-face interviews with households located in one city and two districts in Ninh Binh province during 2016–2018 and applied the fixed-effects method to examine the impact of the credit on household welfare. The qualitative analysis uses in-depth interviews and group discussion with key persons and related parties to identify barriers of accessing the credit.

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