switched to cheaper calories; implying food consumption was smoother than expenditure. We use longitudinal data to quantify the …

conducted since the 1940s, which have consistently found that Australians report high levels of wellbeing. …

We explore the relationships between subjective well-being and income, as seen across individuals within a given … whether we compare individuals or countries, suggesting that absolute income plays an important role in influencing well-being … more rapid growth in life satisfaction. These results together suggest that measured subjective well-being grows hand in …

If some consumers are liquidity-constrained, aggregate consumption should be ‘excessively sensitive’ to credit … United Kingdom and the United States, we find a substantial impact of credit aggregates on consumption in all countries … considered. Moreover, the borrowing/lending wedge is a significant determinant of consumption in Canada, Japan and the United …

A method of testing the relative importance for consumption of full insurance behaviour and changes in income is … consumption. Both types of behaviour are found to be statistically significant, but the full insurance model is found to explain … considerably more of the growth in consumption than changes in income do. …

takes into account endogenous reactions and consumption smoothing of households. We use the methodology to study the impact …

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

The purpose of this Paper is to test for the presence of habit formation in consumption decisions using household panel … investigate if the relationship between current and past consumption reflects habits or heterogeneity. Our results confirm the … importance of accounting for fixed effects when analysing intertemporal consumption decisions allowing for time non …