countries is still lacking. Two demographic extensions of the representative household’s stochastic dynamic optimization problem … are presented here. It is shown that the relationship between expected dependency rates and consumption growth depends on … two parameters: the demographically varying committed consumption and the intertemporal elasticity of substitution. Thus …

This Selected Issues paper for the United States discusses the microeconomics of the country—household wealth and … savings. Households’ consumption-saving decisions have an important bearing on the U.S. economic outlook. This paper …

ahead, households may need to restrain consumption further to free resources for repaying debt. Household savings rates will …This Selected Issues paper analyzes household savings ratio in Spain. The household savings ratio has fallen to its … lowest historical rate in 2012, as households cut back savings to support consumption in response to negative income shocks …

Poverty risk is most marked for children, displaced persons and returnees, unemployed, and people with low education …

that in the long term, consumption tracks disposable income closely but is also affected by wealth effects. A …

consumption patterns. Data for six industrialized countries are used to estimate a simple model incorporating liquidity …

. These crises affect poverty and the distribution of income through a variety of channels: slowdowns in economic activity … incidence of poverty and income distribution, and discusses policy options that can be considered by governments in the … with an increase in poverty and, in some cases, income inequality. The provison of targeted safety nets and the protection …

This paper reviews the Poverty Reduction Strategy Annual Evaluation Report 2005 for Moldova. Economic growth and income … redistribution policies promoted in the context of Economic Growth and Poverty Reduction Strategy (EGPRS) implementation contributed … to higher incomes and improved access of population to social services, which led to higher living standards and poverty …

Household savings behavior in China during the past 30 years has been studied by using econometric models with the time …