This paper proposes an explanation for the universal human desire for increasing consumption. It holds that it was … consumption - is used by members of one sex to signal their unobservable characteristics valuable to members of the opposite sex …. It then goes on to show that the standard economics problem of utility maximisation is formally equivalent to the …

contribution of the new, private firms in the Czech Republic to find that production and employment in the clothing industry …

and production decisions. We show how this methodology can be used to determine an optimal sequence of price …. We compare and contrast the high-low model with the conventional microeconomic model of pricing and production. We show … how the firm uses its pricing and production decisions to partition the uncertainty interval it faces and thereby …

payments (e.g. tax rebates) are spent on non-durable household consumption in the quarter that they are received. We develop a … Finances. A version of the model parametrized to the 2001 tax rebate episode is able to generate consumption responses to …

cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … distribution. Consumption inequality increased less than disposable income inequality, and tracked the latter much more closely at …

The consumption behaviour of UK, US and Japanese households is examined and compared using a modern Ando …-Modigliani style consumption function. The models incorporate income growth expectations, income uncertainty, housing collateral and … credit availability for UK and US but not Japanese households has undergone large shifts since 1980. The average consumption …

Under efficient consumption risk sharing, as assumed in standard international business cycle models, a country …’s aggregate consumption rises relative to foreign consumption, when the country’s real exchange rate depreciates. Yet, empirically …, relative consumption and the real exchange rate are essentially uncorrelated. I show that this ‘consumption-real exchange rate …

transmission, including the crowding-in of consumption and the `puzzle' of real exchange rate depreciation. Time series evidence …