Expenditures Survey, house price and consumption responses are compared across areas differing in local land availability and …

optimal saving response depends on the openness of our economy, on how we view the consumption of children, and on the … open economy and world interest rates were fixed at their current level, the desire to smooth consumption as our population … influence consumption if they affect the capital-labor ratio or the relative weight that society places on the consumption of …

large declines in consumption, investment, and output when the zero lower bound (ZLB) binds, but has modest effects when the … about tax rates on consumption, wages, capital income, and investment. In my model, uncertainty about government spending …