age profiles for consumption and labor income (and components) estimated using 2007 data. The 2007 Philippines NTA serves … generated by the 1999 NTA; and it provides updated age profiles for consumption and labor income that can be used to examine the …

We study the impact of a government spending shock on the distribution of income and wealth between cohorts in a …-of-thumb consumers. We demonstrate that an unexpected increase in government spending increases income inequality and decreases wealth …

pandemic transfers disproportionately benefited households with children, buffering them from earnings losses at the pandemic … cash transfers, while discretionary spending was influenced more by pandemic-specific factors beyond household income. Our … results also offer preliminary evidence that households with children had a higher marginal propensity to consume during the …