, the paper analyzes the impact of a monetary policy shock on households' current consumption and durable expenditures … depends on their debt and income levels. In particular, households with higher debt tend to reduce their current consumption …

. Consumption distributions reveal a similar pattern. However, earnings inequality did increase markedly after the transition and … transition, but this increase is attributable to declines in mean income and consumption rather than to changes in inequality …

Using 2011-12 consumption micro-data, we find that nearly one-third of the variation in living standards in India can … be explained by location alone. Consumption levels and locational inequality are positively related. In effect, from an … these findings is the large difference in average consumption levels between rural and urban India and continued divergence …

as a mechanism for smoothing household consumption following negative aggregate shocks. Our results suggest that mortgage …-constrained households to maintain higher annual consumption growth compared to those non-eligible for the policy. Finally, we find that …

, this adjustment can slow GDP growth by weighing on consumption. Using a sample of advanced and emerging market economies …

We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the … income, consumption and total expenditures. Furthermore, monetary shocks can account for a significant component of the … historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we …

We study the effects and historical contribution of monetary policy shocks to consumption and income inequality in the … income, consumption and total expenditures. Furthermore, monetary shocks can account for a significant component of the … historical cyclical variation in income and consumption inequality. Using detailed micro-level data on income and consumption, we …

The Chinese government has recently focused on the need to increase consumption to rebalance the economy. A widely held … view is that despite China''s remarkably high growth, the share of consumption in total expenditure has been low and …