Intra-Household Heterogeneity and Targeting

This paper focuses on progress in achieving greater integration between demographic and economic components in system-wide modeling. It underlines the importance of Czamanski’s Baltimore model as well as other influential research based on the two-sector economic base model, before proceeding to review more complex, spatially-disaggregated economy-wide models. The subsequent work of Ledent, Schinnar and others is presented as the foundation for some important initiatives that centered on the Batey-Madden model and its derivatives. Attention is directed to some recent advances in the Batey-Madden model and subsequent work addressing household heterogeneity in the context of income formation and distribution associated with contributions by Miyazawa. The paper explores some avenues for integration of activity analysis and household disaggregation based on income, age or skill endowments to enhance the understanding of the role that households play in the economy.

Download Full-text

Skill-Biased Technological Change and Inequality in the U.S.

Notas Económicas ◽

10.14195/2183-203x_51_5 ◽

2020 ◽

pp. 91-107

Author(s):

Ana Ferreira

Keyword(s):

Income Inequality ◽

Technological Change ◽

Incomplete Markets ◽

Gini Coefficient ◽

Income Tax ◽

Overlapping Generations ◽

Overlapping Generations Model ◽

Biased Technological Change ◽

Household Heterogeneity ◽

The U.S

Since the 1980s, income inequality has increased markedly and has reached the highest level ever since it started being recorded in the U.S. This paper uses an overlapping generations model with incomplete markets that allows for household heterogeneity that is calibrated to match the U.S. economy with the purpose to study how skill-biased technological change (SBTC) and changes in taxation quantitatively account for the increase in inequality from 1980 to 2010. We find that SBTC and taxation decrease account for 48% of the total increase in the income Gini coefficient. In particular, we conclude that SBTC alone accounted for 42% of the overall increase in income inequality, while changes in the progressivity of the income tax schedule alone accounted for 5.7%.

Download Full-text

Household heterogeneity and the transmission of foreign shocks

Journal of International Economics ◽

10.1016/j.jinteco.2020.103303 ◽

2020 ◽

Vol 124 ◽

pp. 103303

Author(s):

Sergio de Ferra ◽

Kurt Mitman ◽

Federica Romei

Keyword(s):

Household Heterogeneity ◽

Foreign Shocks

Download Full-text

An Analysis of Residents’ Commuting Behavior Considering Household Heterogeneity

Journal of Physics Conference Series ◽

10.1088/1742-6596/1168/3/032100 ◽

2019 ◽

Vol 1168 ◽

pp. 032100

Author(s):

Shuhong Ma ◽

Xingxing Yin ◽

Dachuan Tang ◽

Chuanqi Liu

Keyword(s):

Household Heterogeneity

Download Full-text

Household heterogeneity in the euro area since the onset of the Great Recession

Journal of Policy Modeling ◽

10.1016/j.jpolmod.2015.09.001 ◽

2016 ◽

Vol 38 (1) ◽

pp. 181-197 ◽

Cited By ~ 6

Author(s):

Miguel Ampudia ◽

Akmaral Pavlickova ◽

Jiri Slacalek ◽

Edgar Vogel

Keyword(s):

Euro Area ◽

Great Recession ◽

The Great Recession ◽

Household Heterogeneity

Download Full-text

HOUSEHOLD HETEROGENEITY AND OPTIMAL INTER-TEMPORAL PRICING FOR A DURABLE-GOOD MONOPOLY

The Singapore Economic Review ◽

10.1142/s0217590806002494 ◽

2006 ◽

Vol 51 (03) ◽

pp. 395-403

Author(s):

WINSTON T.H. KOH

Keyword(s):

Price Discrimination ◽

Durable Goods ◽

Budget Constraints ◽

Durable Good ◽

Durable Good Monopoly ◽

Household Heterogeneity

In this paper, I extend the analysis in Koh (2006) to examine the optimality of inter-temporal price discrimination for a durable-good monopoly in a model where infinitely-lived households consume both durable goods and a stream of non-durable goods subject to different inter-temporal budget constraints. I also consider the multi-dimensional setting where households differ in both inter-temporal budget constraints and the utilities they derive from the consumption of the durable good.

Download Full-text