This paper uses a unique survey questionnaire to assess the impact of the 2002 French tax cut on consumption. I find … constraints on consumption in that context. …

bias when these models are used to make predictions for aggregate consumption. In both a theoretical and a quantitative … exercise, we find that economies of scale in consumption inside the household are positively related to the bias introduced by … the single agent approach in predicted consumption profiles over the life-cycle. We also do an external validation …

Although the link between household size and consumption has a strong empirical support, there is no consistent way in … size and composition affect optimal consumption decisions. We provide theoretical results comparing both approaches and …

data. In this paper, we study differences between consumption predictions from a single agent model and "adult equivalent …" consumption predictions from a model where household size evolves deterministically over the life-cycle and affects individual … preferences for consumption. Using a theoretical model we prove that, under mild conditions, these predictions are different. In …

This paper primarily aims to capture the changing patterns of consumption expenditure of three broad classes, namely … differences in consumption of necessaries across classes decline more the economy grows, this paper argues that there had been … medical services the consumption expenditure in real terms is showing trends of a widening gap between the upper and the …

simultaneous choice of quantity and quality. This allows us to exploit unit values from cigarette consumption in order to …

. I find potent support in favor of nonhomotheticity in aggregate consumption data, with nondurable goods being …

This is a short survey on consumption theory. Consumption is important to both fluctuation and growth. In addition …, consumption introduces some important issues involving financial markets and portfolio decisions. We will describe consumption … interaction between consumption decisions and portfolio choice is investigated in the third part of the paper. …

provides a deeper understanding of the link between asset prices and consumption. It shows that this approach gives only a … partial explanation for recent trends in US consumption. Comparing wealth effects in Anglo Saxon countries with continental … consumption. …