-income households increased their demand for credit to finance higher consumption expenditures in order to "keep up" with higherincome …

This paper investigates the potentially non-linear relation between households' indebtedness and their consumption … between 2010 and 2014 in Belgium, using panel data from the two waves of the Household Finance and Consumption Survey. Unlike … previous studies, we find a negative effect of households' indebtedness on their consumption, even in the absence of negative …

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 …

terms of both consumption and leisure time. Drawing on household panel data in rural Mexico, I find that migration increases … non-migrants' consumption, but that this consumption gain cannot be explained by labor supply adjustments. Migration …

In this paper, we test whether consumption choices are affected by personality traits and whether this impact is … comparing the results for singles and couples, we find evidence of a consumption-based marital surplus for Mental Openness and … likely to spend household resources on culture, and their joint consumption of such goods may be a potential reason for their …

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 …