spending on consumer spending. Our consumption data come from household-level retail purchases in the Nielsen scanner data and … local non-durable consumer spending by $0.29 and local auto spending by $0.09. We translate the regional consumption … our incomplete markets model from models with complete markets. At the zero lower bound, the aggregate consumption …

This paper employs Swedish data on households' stock holdings to investigate how consumption responds to changes in … a flat 5 percent for the rest of the distribution. Households' consumption is significantly more responsive to dividend …

In this paper we estimate the effect of the Mexican conditional cash transfer program, Oportunidades, on consumption … to induce many eligible households to participate, and find positive effects on consumption …

This study measures the extent to which Seoul's COVID-19 shopping coupon program affects individuals' consumption …. Unlike other COVID-19-related transfer programs, the Seoul Metropolitan government provides consumption coupons depending on …-in-differences method. We find that the program increased consumption by 18% while it was ongoing and by 6% afterward. We find substantial …

I develop a model of conspicuous consumption to empirically measure the importance of peer beliefs to Americans and … Chinese. In the model, a consumer cares not only about the direct utility she receives from consumption, but also about the … way her consumption pattern affects her peer group's belief about her well-being. I estimate the model on household budget …