Article ID Journal Published Year Pages File Type
5054818 Economic Modelling 2013 15 Pages PDF
Abstract
► We found that there is an evident consumption difference among urban families. ► Inequality worsened the condition of the families that suffered the uncertainty. ► The vulnerable family was not able to smooth their non-durables consumption. ► Reducing uncertainty and socio-economic status inequality can improve social welfare.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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