Two decades after its original publication, The Analysis of Household Surveys is reissued with a new preface by its author, Sir Angus Deaton, recipient of the 2015 Nobel Prize in Economic Sciences. This classic work remains relevant to anyone with a serious interest in using household survey...

Frontmatter -- Contents -- Preface -- Introduction: What This Book Is About -- 1. The Wellbeing of the World -- PART I. LIFE AND DEATH -- 2. From Prehistory to 1945 -- 3. Escaping Death in the Tropics -- 4. Health in the Modern World -- PART II. MONEY -- 5. Material Wellbeing in the United...

The paper considers avariety of evidence that casts light on the validity of the life-cycle model of consumer behavior. In the first part of the paper, simple non-parametric tests are used to examine representative agent models of consumption and labor supply. It seems extremely unlikely that...