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Intrahousehold Resource Allocation in Cote D'Ivoire : Social Norms, Separate Accounts and Consumption Choices
Duflo, Esther; Udry, Christopher - 2021
composition of household expenditure is sensitive to the gender of the recipient of a rainfall shock. For example, rainfall shocks …
Persistent link: https://www.econbiz.de/10013242938
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The Retirement-Consumption Puzzle : New Evidence from Personal Finances
Olafsson, Arna - 2020
related or not, even with the best data. We thus look at household finances and find that individuals delever upon retirement …
Persistent link: https://www.econbiz.de/10012840010
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The Retirement-Consumption Puzzle : New Evidence from Personal Finances
Olafsson, Arna - 2019
related or not, even with the best data. We thus look at household finances and find that individuals delever upon retirement …
Persistent link: https://www.econbiz.de/10012899756
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Household Inequality and the Consumption Response to Aggregate Real Shocks
Amromin, Gene - 2017
To what extent does household inequality affect the response of aggregate consumption to aggregate real shocks? We … first review two state-of-the-art papers with household heterogeneity and aggregate uncertainty. They teach us that having a …
Persistent link: https://www.econbiz.de/10012941979
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Economies of Scale in the Household : Puzzles and Patterns from the American Past
Logan, Trevon - 2008
Household economies of scale arise when households with multiple members share public goods, making larger households … better off at lower per capita expenditures. While estimates of household economies of scale are critical for measuring … income and living standards, we do not know how these scale economies change over time. I use American household expenditure …
Persistent link: https://www.econbiz.de/10012772365
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International Evidence on Sticky Consumption Growth
Carroll, Christopher D. - 2008
We estimate the degree of amp;apos;stickinessamp;apos; in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a...
Persistent link: https://www.econbiz.de/10012772369
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The Absent-Minded Consumer
Ameriks, John; Caplin, Andrew; Leahy, John V. - 2021
We present evidence that many households have only a vague notion of what they are spending on various consumption items. We then develop a life-cycle model that captures this absent-mindedness'. The model generates precautionary spending, whereby absent-minded agents tend to consume more than...
Persistent link: https://www.econbiz.de/10013225590
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Consumer Spending and the Economic Stimulus Payments of 2008
Parker, Jonathan A. - 2011
We measure the response of household spending to the economic stimulus payments (ESPs) disbursed in mid-2008, using …
Persistent link: https://www.econbiz.de/10013131507
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Do Household Finances Constrain Unconventional Fiscal Policy?
Baker, Scott R. - 2018
When the zero lower bound on nominal interest rate binds, monetary policy makers may lack traditional tools to stimulate aggregate demand. We investigate whether "unconventional" fiscal policy, in the form of pre-announced consumption tax changes, has the potential to meaningfully shift durables...
Persistent link: https://www.econbiz.de/10012908479
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Expenditure Visibility and Consumer Behavior : New Evidence
Heffetz, Ori - 2018
Expenditure visibility—the extent to which a household's spending on a consumption category is noticeable to others …
Persistent link: https://www.econbiz.de/10012909500