micro- and macroeconomics. This research includes work on consumption and saving, on poverty and inequality, and on risk …

on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …

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 chapter reviews empirical estimates of differential income and consumption growth across individuals during … recessions. Most existing studies examine the variation in income and consumption growth across individuals by sorting on ex ante … or contemporaneous income or consumption levels. We build on this literature by showing that differential shocks to …

transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX … repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable life … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …

-household allocations, can be identified from data on household consumption and labor supply. We also argue that a measure based on …

allocations, can be identified from data on household consumption and labor supply. We also argue that a measure based on …

Consumer Price Index weights and is the main source of U.S. consumption microdata. We compare reported spending on a large …. We find that most of the largest categories of consumption are measured well in the Interview Survey as the ratio to the … spending for a consumption category, and a high and increasing fraction of respondents reporting zero for all categories. These …