Household
in sentence
1396 examples of Household in a sentence
No Western-trained economist could have envisioned China's
household
responsibility system or township and village enterprises--institutional innovations that lie at the core of the Chinese miracle.
People often move as “power couples” looking for good jobs for both adult members of the
household.
Although the capital stock will benefit from a higher
household
saving rate, the increase will be offset by more government “dissaving” as budget deficits remain high.
China’s Bumpy New NormalSHANGHAI – China’s shift from export-driven growth to a model based on domestic services and
household
consumption has been much bumpier than some anticipated, with stock-market gyrations and exchange-rate volatility inciting fears about the country’s economic stability.
America’s
household
saving rate has risen since 2007 by about 3% of GDP.
This combination potentially weakens financial, household, and government balance sheets.
This remarkably low level reflects both the small share of
household
income in total GDP and the high rate of
household
saving.
Chinese officials hope that higher
household
incomes will boost consumer spending, as the tightening labor market causes wages to rise and as urbanization shifts workers from low-productivity farm work to higher-wage employment in the cities.
The high rate of
household
saving in China reflects many factors, including the risk of job loss and the lack of a reliable government pension program.
Thus, by encouraging the purchase of health insurance by individuals or employers, the Chinese government could reduce significantly the overall
household
saving rate.
This tax-favored employee saving plan is a good substitute for more comprehensive social-security pensions, but it has had the undesirable effect of increasing
household
saving, rather than increasing consumer spending.
And focusing the favorable tax treatment on such major risk insurance would reduce the wasteful distortion to spend more on minor health conditions that do not stimulate
household
saving and do not need insurance protection.
They are all caught between the problems of the present and the mistakes of the past: in Europe, between institutions designed to avoid inflation when the problem is growth and employment; in America, between massive
household
and government debt and the demands of fiscal and monetary policy; and everywhere, between America’s failure to use the world’s scarce natural resources wisely and its failure to achieve peace and stability in the Middle East.
The gains from avoiding the negative impact of conventional taxes work across the economy, particularly as the least well-off maintain a higher level of disposable
household
income.
Although households in many advanced economies have reduced their debt burdens since the financial crisis began, total
household
debt in the US, the UK, and most eurozone countries is still higher as a percentage of GDP (and in absolute terms) than it was in 2000.
Signs that home prices are entering bubble territory in these economies include fast-rising home prices, high and rising price-to-income ratios, and high levels of mortgage debt as a share of
household
debt.
In countries (for example, Sweden) where recourse loans allow seizure of
household
income to enforce payment of mortgage obligations, private consumption may plummet as debt payments (and eventually rising interest rates) crowd out discretionary spending.
China’s national saving rate – including
household
saving and business saving – is now about 45% of its GDP, which is the highest rate in the world.
The plan calls for a shift to higher real wages so that
household
income will rise as a share of GDP.
They can share transport, using Uber, Lyft, or RelayRides; provide accommodation through Airbnb; tender
household
chores via TaskRabbit, Fiverr, or Mechanical Turk; and arrange their grocery deliveries using Favor and Instacart.
TaskRabbit, which subcontracts
household
jobs like assembling Ikea furniture, requires participants to pay a minimum wage, and has launched an insurance scheme to protect its US workers.
The resulting
household
air pollution contributes to 600,000 deaths annually – half of them children under the age of five.
According to national
household
surveys, a Chilean worker earning the minimum wage takes home $300 a month, while a professional in the top 10% of the income scale typically makes about $2,400 dollars a month.
It also turns out that the poor worker lives in a
household
where only 0.5 people on average have a job, so that two families are needed for one steady source of income.
By contrast, in the upscale professional’s household, nearly two people on average hold down a job.
A typical poor
household
in Chile and elsewhere in Latin America is headed by a woman with only primary-school education.
As a result, many central bankers have become
household
names; some even have tabloid nicknames, like “super Mario” Draghi.
But to understand how this policy would actually play out for taxpayers, I applied the scenario to the real distribution of US
household
incomes in 2010.
As a result, the tax change left around 60% of households worse off, even as average
household
income grew, driven by gains at the top.
But most policymakers would likely object if they understood that growth would be achieved by higher taxes on two-thirds of households, leaving the median
household
working harder to earn the same after-tax income.
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