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Consumption Growth in a Booming Economy: Taiwan 1976-96 AgEcon
McKenzie, David.
Consumption and income have both grown rapidly in Taiwan over the past forty years, with younger birth cohorts experiencing faster growth. The long upward trend in consumption presents a strong challenge to the consumption smoothing predictions of the Permanent Income Hypothesis. We investigate the extent to which consumption theory can account for this trend in an environment where a large majority of households have high savings rates. Household survey data from 1976-96 are used to estimate dynamic pseudo-panel models with inter-cohort heterogeneity. We evaluate the impacts on consumption of migration, mortality, household composition, liquidity constraints, unanticipated aggregate shocks, hyperbolic discounting, habit formation and precautionary saving....
Tipo: Working or Discussion Paper Palavras-chave: Consumption growth; Pseudo-panel; Prudence; Taiwan; International Development; O12; O16; E21; C23.
Ano: 2001 URL: http://purl.umn.edu/28398
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O impacto do trabalho infantil no setor agrícola sobre a saúde AgEcon
Nicolella, Alexandre Chibebe; Kassouf, Ana Lucia; Barros, Alexandre Lahóz Mendonça de.
The aim of this dissertation is to identify the causal relation between rural child labour and health. The analysis utilized the PNAD, a Brazilian household survey, from 1998 and 2003. The econometric modeling was based on the pseudo-panel approach and was considered the children from 5 to 15 years old in 1998 and from 10 to 20 years old in 2003. The results show that work and work in risky jobs in the agricultural sector do not differ from those impacts of other sectors. It was also presented, for all individuals that work in the agricultural sector does not impact the health capital and work in the non rural sector impact negatively the health capital. So, the government intervention in rural areas should be different from the one implemented on the...
Tipo: Journal Article Palavras-chave: Child labor; Health; Pseudo-panel; Agribusiness; I12; R21; C23.
Ano: 2008 URL: http://purl.umn.edu/61231
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