Detailed Information
Cited 4 time in 
Cited 5 time in 
Cited 5 time in
Metadata Downloads
THE RISE OF SINGLE-PERSON HOUSEHOLDS AND THE MACROECONOMIC CONSEQUENCES
- Authors
- Lim, Taejun
- Issue Date
- Dec-2019
- Publisher
- HITOTSUBASHI UNIV
- Keywords
- single-person households; within-household risk sharing; precautionary savings
- Citation
- HITOTSUBASHI JOURNAL OF ECONOMICS, v.60, no.2, pp 189 - 198
- Pages
- 10
- Indexed
- SSCI
SCOPUS
- Journal Title
- HITOTSUBASHI JOURNAL OF ECONOMICS
- Volume
- 60
- Number
- 2
- Start Page
- 189
- End Page
- 198
- ISSN
- 0018-280X
- Abstract
- The number of single-person households in the U.S. has steadily risen since 1960. We provide a dynamic general equilibrium model to investigate the impact of this change on aggregate savings and labor supply. Our analysis indicates that single individuals tend to save and work more than married ones with the same economic characteristics. Importantly, this finding at the individual level extends to the aggregate level: both aggregate savings and labor supply increase as the share of single-person households increases, for which the general equilibrium effect plays a crucial role.
- Files in This Item
- There are no files associated with this item.
- Appears in
Collections - College of the Social Science > Department of Economics > 1. Journal Articles
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.
Related Researcher
- Lim, Tae Jun
- College of the Social Science (Department of Economics)