income shocks to consumption. Log-earnings are the sum of a general Markovian persistent component and a transitory …. Consumption is modeled as an age-dependent nonlinear function of assets and the two earnings components. We establish the … nonparametric identification of the nonlinear earnings process and the consumption policy rule. Exploiting the enhanced consumption …

information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …

wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households …This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During … both reduce their consumption and increase their savings in response to an exogenous decline in income. …

terms of both consumption and leisure time. Drawing on household panel data in rural Mexico, I find that migration increases … non-migrants' consumption, but that this consumption gain cannot be explained by labor supply adjustments. Migration …

We use 1995, 2002 and 2013 CHIP data to investigate the urban household consumption expenditure inequality. The overall … inequality of urban household consumption expenditure measured by Gini coefficient slightly decreases from 0.33 in 1995 to 0 …, the percentile ratio of p90/p10 shows that consumption inequality increases all the time. Besides, the inequality of basic …