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Valuable information exists already on household economic resources. The national accounts provide aggregate measures and micro sources (surveys, administrative records, and censuses) can be used to derive measures of the distribution across households groups. Over the years, however, macro and...
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Much valuable information exists already on household economic resources (i.e. income, consumption and wealth). Indeed, the national accounts provide aggregate measures and micro sources (surveys, administrative records, and censuses) can be used to derive measures of the distribution across...
Persistent link: https://www.econbiz.de/10010230673
This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK. We identify several dimensions along which the most recent recession (the so-called 'Great Recession') has been different from those that occurred in the 1980s and 1990s....
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