Income volatility and household consumption - The impact of food assistance programs

被引：46

作者：

Blundell, R ^{[1
]}

Pistaferri, L

机构：

[1] UCL, Dept Econ, London WC1E 6BT, England

[2] Stanford Univ, Dept Econ, Stanford, CA 94305 USA

来源：

JOURNAL OF HUMAN RESOURCES | 2003年 / 38卷

基金：

英国经济与社会研究理事会;

关键词：

D O I：

10.2307/3558980

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The impact of food assistance programs (food stamps) in a Period of rising income inequality in the United States is analyzed using 1978-92 PSID data. We assess to what extent food assistance can be viewed as an effective insurance to permanent shocks to income. The results show that the program has a substantial consumption-smoothing effect in the low income population: The response of food consumption to a permanent income come shock is a third lower after accounting for the monetary value of food stamps.

引用

页码：1032 / 1050

页数：19

共 31 条

[1] ON THE COVARIANCE STRUCTURE OF EARNINGS AND HOURS CHANGES [J].