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In this paper we document significantly steeper declines in nondurable expenditures in the UK compared to the US, in spite of income paths being similar. We explore several possible causes, including different employment paths, housing ownership and expenses, levels and paths of health status,...
Persistent link: https://www.econbiz.de/10011534273
In this paper we document significantly steeper declines in nondurable expenditures in the UK compared to the US, in spite of income paths being similar. We explore several possible causes, including different employment paths, housing ownership and expenses, levels and paths of health status,...
Persistent link: https://www.econbiz.de/10010498398
Persistent link: https://www.econbiz.de/10001882191
Persistent link: https://www.econbiz.de/10001930278
Persistent link: https://www.econbiz.de/10010226804
Persistent link: https://www.econbiz.de/10003405185