transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX … repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable life … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …

in non-linear labor income taxes and consumption taxes to the international differences in hours worked in the data …

-specific statutory labor income tax codes. We further evaluate the role of consumption taxes, gender and educational wage premia, and the …

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

This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During … wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households … both reduce their consumption and increase their savings in response to an exogenous decline in income. …

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. …

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

Earlier literature has investigated the drop in household consumption upon retirement of the head of the household, the … so-called retirement consumption puzzle. Here, we expand on these studies by considering also retirement of the wife … approach to estimate the effect of each partner's retirement on household consumption. We use for the analysis data drawn from …