Impact Of Income Shocks Research Articles

The Impact of Income Shock on Consumption Spending Among Young Malaysian Household with Credit Usage in Post Covid-19

For nearly 6 million young Malaysian in the labour force, Covid-19 will be especially damaging. They face the highest risk of unemployment. Their job opportunities will be severely curtailed by the contraction of the job market and with their comparatively lower incomes, many will struggle to feed their families. This study explores the conceptual framework on the impact of income shock on consumption spending among young household with debts. In this setting, the framework outlined the possible critical factors for suitable policy-formulation during Covid-19 for the government in sustaining the country’s economic stability.

A survey of empirical studies on international risk sharing

Diversificazione internazionale del rischio: una rassegna della letteratura empirica La condivisione del rischio tra Paesi e auspicabile in quanto permette agli agenti economici di smussare i consumi, nel tempo e tra vari Stati di natura, controbilanciando parzialmente o completamente l’impatto degli shock al reddito sul le scelte di consumo. Il presente lavoro ha come obiettivo la rassegna sistematica della letteratura piu rilevante sulla diversificazione internazionale del rischio con particolare attenzione ai contributi empirici. Dal punto di vista della teoria economica esistono due approcci principali alla diversificazione del rischio che si fondano, rispettivamente, sulla teoria del consumo e sulle scelte di portafoglio. La presente rassegna prende in considerazione quel filone della letteratura che ha le sue fondamenta teoriche nella teoria del consumo e, nell’ambito di tale approccio teorico, viene sistematizzata l’ampia e frammentata letteratura empirica.

The Impact of Income Shocks on Health: Evidence from Cohort Data

We study the effect of permanent income innovations on health for a prime-aged population. Using information on more than half a million individuals sampled over a twenty-five year period in three different cross-sectional surveys we aggregate data by date-of-birth cohort to construct a synthetic cohort dataset with details of income, expenditure, socio-demographic factors, health outcomes and selected risk factors. We then exploit structural and arguably exogenous changes in cohort incomes over the eighties and nineties to uncover causal effects of permanent income shocks on health. We find that such income innovations have little effects on a wide range of health measures, but do lead to increases in mortality and risky health behaviour.

The Impact of Income Shocks on Health: Evidence from Cohort Data

We study the effect of permanent income innovations on health for a prime-aged population. Using information on more than half a million individuals sampled over a twenty-five year period in three different cross-sectional surveys we aggregate data by date-of-birth cohort to construct a 'synthetic cohort' dataset with details of income, expenditure, socio-demographic factors, health outcomes and selected risk factors. We then exploit structural and arguably exogenous changes in cohort incomes over the eighties and nineties to uncover causal effects of permanent income shocks on health. We find that such income innovations have little effects on health, but do affect health behaviour and mortality.

The Impact of Income Shocks on Health: Evidence from Cohort Data

We study the eect of permanent income innovations on health for a prime-aged population. Using information on more than half a million individuals sampled over a twenty-five year period in three dierent cross-sectional surveys we aggregate data by date-of-birth cohort to construct a ’synthetic cohort’ dataset with details of income, expenditure, socio-demographic factors, health outcomes and selected risk factors. We then exploit structural and arguably exogenous changes in cohort incomes over the eighties and nineties to uncover causal eects of permanent income shocks on health. We find that such income innovations have little eects on health, but do aect health behaviour and mortality.

Land Markets, Risk and Distress Sales in Nicaragua: The Impact of Income Shocks on Rural Differentiation

Farmers in the Nicaragua countryside face substantial risk due to legal uncertainty regarding property rights, price fluctuations and limited access to rural financial markets. Income shocks can lead to obligations to sell land, can fuel differentiation processes, and can drive people into poverty. We review empirical evidence on income shocks and related distress sales by households of different wealth endowments. From panel data of the 1995 and 2000 land market surveys, estimates are made to identify relevant farm household characteristics and the market forces that determine distress sales. Results show that small farms are most affected by idiosyncratic shocks and usually try to adopt a defensive strategy based on reduced consumption to retain their land resources. In the long run, this strategy occasionally succeeds in preserving land ownership and maintaining income at higher levels than those enjoyed by landless peasants. But the pressures towards distress sales can, nevertheless, be powerful, and different responses to income shocks by poor, middle and rich peasants are likely to increase rural differentiation.