Household response to the economic crisis micro-simulation for the Czech economy
This paper studies the economic impact of the current global economic downturn on the household sector. Household budgets can be negatively affected by declines in nominal wages and increases in unemployment. We empirically test this effect for the Czech economy. As a result of the lack of individua...
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Format: | UnknownFormat |
Sprache: | eng |
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Basel
Bank for Internat. Settlements
2010
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Schriftenreihe: | IFC working papers
6 |
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