Housing and macroeconomics
This chapter surveys the literature on housing in macroeconomics. We first collect facts on
house prices and quantities in both the time series and the cross section of households and …
house prices and quantities in both the time series and the cross section of households and …
How do house prices affect consumption? Evidence from micro data
Housing is a major component of wealth. Since house prices fluctuate considerably over
time, it is important to understand how these fluctuations affect households' consumption …
time, it is important to understand how these fluctuations affect households' consumption …
Why do the elderly save? The role of medical expenses
This paper constructs a model of saving for retired single people that includes heterogeneity
in medical expenses and life expectancies, and bequest motives. We estimate the model …
in medical expenses and life expectancies, and bequest motives. We estimate the model …
Families in macroeconomics
Much of macroeconomics is concerned with the allocation of physical capital, human capital,
and labor over time and across people. The decisions on savings, education, and labor …
and labor over time and across people. The decisions on savings, education, and labor …
Distributional impacts of carbon pricing: A general equilibrium approach with micro-data for households
Many policies to limit greenhouse gas emissions have at their core efforts to put a price on
carbon emissions. Carbon pricing impacts households both by raising the cost of carbon …
carbon emissions. Carbon pricing impacts households both by raising the cost of carbon …
Yours, mine, and ours: Do divorce laws affect the intertemporal behavior of married couples?
A Voena - American Economic Review, 2015 - aeaweb.org
This paper examines how divorce laws affect couples' intertemporal choices and well-being.
Exploiting panel variation in US laws, I estimate the parameters of a model of household …
Exploiting panel variation in US laws, I estimate the parameters of a model of household …