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Record W2120263258 · doi:10.34989/swp-2001-14

L'effet de la richesse sur la consommation aux États-Unis

2021· preprint· fr· W2120263258 on OpenAlexaff
Yanick Desnoyers

Bibliographic record

VenueRePEc: Research Papers in Economics · 2021
Typepreprint
Languagefr
FieldEconomics, Econometrics and Finance
TopicMonetary Policy and Economic Impact
Canadian institutionsBank of Canada
Fundersnot available
KeywordsHumanitiesPolitical sciencePhilosophy

Abstract

fetched live from OpenAlex

La forte augmentation de la richesse au cours de la deuxième moitié des années 1990 a généré l'équivalent d'un certain montant d'épargne et, du même coup, un glissement important du taux d'épargne des ménages. Dans la présente étude, l'auteur tente d'expliquer cette baisse importante du taux d'épargne observée depuis 1995. Pour ce faire, il utilise la méthodologie de King, Plosser, Stock et Watson (King et coll. 1991). Contrairement aux résultats obtenus par plusieurs autres études, les résultats de la présente montrent que l'effet de la richesse sur la consommation est de nature transitoire plutôt que permanente et qu'il s'estompe relativement vite. La méthodologie utilisée permet de prendre en compte l'endogénéité des variables du modèle, tout en identifiant la réaction de la consommation à des chocs permanents de revenu, de richesse boursière et de richesse immobilière. Elle permet également de calculer la propension marginale des ménages à consommer la richesse boursière, qui se situe aux environs de 5,8 %. Par conséquent, environ la moitié de la baisse du taux d'épargne observée à partir de 1995 s'expliquerait par la hausse impressionnante de la richesse boursière au cours de cette période. L'autre moitié, quant à elle, serait plutôt imputable à la hausse de la richesse immobilière et de la propension marginale à consommer le revenu.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.005
metaresearch head score (Gemma)0.017
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.029
Threshold uncertainty score0.082

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0050.017
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0010.002
Science and technology studies0.0010.001
Scholarly communication0.0020.001
Open science0.0010.002
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0250.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.068
GPT teacher head0.312
Teacher spread0.243 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations6
Published2021
Admission routes1
Has abstractyes

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Same venueRePEc: Research Papers in EconomicsSame topicMonetary Policy and Economic ImpactFrench-language works237,207