general panel date on total consumption from the intertemporal budget constraint. The distribution of consumption levels is … shown to closely match that estimated using the UK's household budget survey. Consumption transitions over time are then …

This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK … longer, but also the composition of the cutbacks in consumption expenditures differs, with a greater reliance on cuts to non …

Household Panel. Our estimates suggest that cohabitating individuals enjoy returns to scale in consumption that are towards the … provided by the female partner is a significant determinant of her share of household consumption in most countries of the …

Recent theoretical contributions have suggested consumption externalities, or peergroup effects, as a potential … intertemporal consumption choice is a completely open question. To shed some light on the issue, we derive an extension of the … standard life-cycle model that allows for consumption externalities. The analysis is complicated by the challenge of …

<p>In this paper we investigate the size of the consumption drop at retirement in Italy. We use micro data on food and … total non-durable household spending covering the period 1993-2004, and evaluate the change in consumption that accompanies … decision. We take a regression discontinuity approach, and make the identifying assumption that consumption would be the same …