affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship …

stochastic simulation of consumption choices in a nonstationarity environment is used to show the robustness of the method for …

) and consumption poverty. Our results show that the two measures assign similar poverty status to about 52 percent of … find that household size matters in consumption poverty while we do not find significant effects on multidimensional … poverty. Amongst the shocks, drought shock is found to affect consumption poverty but not multidimensional poverty. This …

This paper revisits the standard model of labor supply under two additional assumptions: consumption requires time and … utility at the optimum and above a critical wage level it converts into a pure consumption good. Their labor-supply curve is …

Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality and find that inequality … shocks. The response of consumption to permanent and transitory income shocks becomes weaker later in the sample, consistent …

The world's poorest people lack capital and skills and toil for others in occupations that others shun. Using a large …

We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … collective households with consumption technologies that define the public and private nature of expenditures through Barten … scales. Our method recovers the technology by solely exploiting preference information revealed by households' consumption …