Five facts about the distributional income effects of monetary policy shocks

N Amberg, T Jansson, M Klein, AR Picco - American Economic Review …, 2022 - aeaweb.org
We document five facts about the distributional income effects of monetary policy shocks
using Swedish administrative individual-level data.(i) The effects of monetary policy shocks …

Global trends in income inequality and income dynamics: New insights from GRID

F Guvenen, L Pistaferri, GL Violante - Quantitative Economics, 2022 - Wiley Online Library
The Global Repository of Income Dynamics (GRID) is a new open‐access, cross‐country
database that contains a wide range of micro statistics on income inequality, dynamics, and …

Inequality and income dynamics in Germany

M Drechsel‐Grau, A Peichl, KD Schmid… - Quantitative …, 2022 - Wiley Online Library
We provide a comprehensive analysis of income inequality and income dynamics for
Germany over the last two decades. Combining personal income tax and social security …

Skewed business cycles

S Salgado, F Guvenen, N Bloom - 2019 - nber.org
Using firm-level panel data from the US Census Bureau and almost fifty other countries, we
show that the skewness of the growth rates of employment, sales, and productivity is …

Earnings inequality and dynamics in the presence of informality: The case of Brazil

N Engbom, G Gonzaga, C Moser… - Quantitative …, 2022 - Wiley Online Library
Using rich administrative and household survey data spanning 34 years from 1985 to 2018,
we document a series of new facts on earnings inequality and dynamics in a developing …

Countercyclical labor income risk and portfolio choices over the life cycle

S Catherine - The Review of Financial Studies, 2022 - academic.oup.com
I estimate a life cycle model of portfolio choices that incorporates the relationship between
market returns and the skewness of idiosyncratic income shocks. The cyclicality of skewness …

FinTech adoption and the effects of economic uncertainty on household consumption

Z Huang, Y Tan, Z Yang, X Zhang - China Economic Review, 2023 - Elsevier
This paper examines how the adoption of FinTech affects household consumption in the
presence of economic uncertainty. We use regional-level FinTech adoption and economic …

Income risk inequality: Evidence from Spanish administrative records

M Arellano, S Bonhomme, M De Vera… - Quantitative …, 2022 - Wiley Online Library
In this paper, we use administrative data from the social security to study income dynamics
and income risk inequality in Spain between 2005 and 2018. We construct individual …

[PDF][PDF] Spousal insurance and the amplification of business cycles

B Bardóczy - Unpublished Manuscript, Northwestern University, 2020 - bencebardoczy.com
I develop a Heterogeneous Agent New Keynesian model with dual-earner households that
offers new insights into the role of spousal labor supply at both the micro and the macro …

[HTML][HTML] The pass-through of uncertainty shocks to households

M Di Maggio, A Kermani, R Ramcharan, V Yao… - Journal of Financial …, 2022 - Elsevier
Using new employer-employee matched data, this paper investigates the impact of
uncertainty, as measured by idiosyncratic stock market volatility, on individual outcomes. We …