This paper tests whether the Ricardian Equivalence proposition holds in a life cycle consumption laboratory experiment … not hold in general. Our results suggest that taxation has a significant and strong impact on consumption choice. Over the … life cycle, a tax relief increases consumption on average by about 22% of the tax rebate. A tax increase causes consumption …

is quite striking: consumption-led growth - either in terms of private or public or total consumption - leads to slower … of the past growth period (lag window). It is only that the more often the past is characterized by consumption …

The standard motivation for unemployment compensation is consumption smoothing and most papers in the literature have … analyzed trade-offs involving consumption smoothing and moral hazard. This paper shows how such policy can increase output by …

This paper investigates the impact of peer observation on the consumption decisions of rural households in Thailand … deviation in their decisions. Thus, we find evidence for conformity. Further, we find that individual's consumption choice is …

conditions had no discernible effect on remittances during the pandemic. We also show that contractions in consumption in Mexico …