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

comparison effect, decrease subsequent demand. This tension is particularly important for the distribution of health products in … Northern Uganda in which three health products differing in their scope for learning were initially offered either for free or …

This paper extends the standard model of the life cycle consumption, saving and labor supply in a number of direction. …

In this paper we analyse the relationship between unemployment and consumption. We study this relationship with panel … smaller consumption losses in Spanish and Italian households. We discuss this finding in the light of different market and … that credit and insurance markets are also more developed in the North than in the South, existing theories of consumption …

-rich households consume a larger share of their current income when exposed to a higher top income and consumption levels. We argue …

This paper proposes a theoretical explanation of the empirical finding that private consumption increases in response … are sticky). Second, general non-separable preferences over consumption and leisure should be such that Frisch labor … supply elasticity is lower than the constant-consumption elasticity; this implies that constant-consumption labor supply …