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 lifecycle … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …

Many households have insufficient savings to handle moderate and routine consumption shocks. Many of these financially …

of disposable income. We use household-level data to explain why households are postponing consumption despite rapid … income growth. Tracing cohorts over time indicates a virtual absence of consumption smoothing over the life cycle. The age …

in a model with non-durable and durable consumption. The stock of the durable is exposed to risk against which households …-durable consumption. Introducing labor income risk into the model does not necessarily increase the importance of market insurance if the …

effects. We exploit the unique design of an aid program's experimental trial to identify its indirect effect on consumption …

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

subcategories such as cereals, or meat and fish, and other consumption categories such as alcohol and tobacco, medical, and … ’consumption expenditure patterns. We find some differences in consumption patterns which relate to differences in gender of …

collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The … same non-testability conclusion holds for privateness (with or without externalities) or publicness of consumption. By …