We examine the effects of monetary policy on household self-assessed financial stress and durable consumption using … savers. We find symmetric effects on durable consumption, mainly driven by mortgagors with high debt burden or limited access …

In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that … incorporates household consumption and family labor supply decisions. We derive analytical expressions based on approximations for … the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, non …

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 …

against lost household earnings by increasing labour supply. We find that both own and partner responses to the shock vary … worker effect' when their partner is exposed to the shock. By contrast, we find no such response for women, who do not … dissolution also differ according to the gender of those affected: for women below 45, but not men, exposure to the trade shock …

This paper finds declining consumption expenditure between paydays, for a typical household in the working population …

it makes welfare analysis at the individual level possible, the predictive power of the model is unknown. We propose the … crucial for both academic and policy circles and militates in favor of a systematic use of collective models for welfare …

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

We investigate how, in temporary economic hardship, agents change their consumption of health services, and how this … a consumption good with very low intertemporal substitution. The expenditures for GPs are unaltered. The findings … indicate that consumption of health services critically depends on the existence of user charges versus universal coverage. The …

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