related or not, even with the best data. We thus look at household finances and find that individuals delever upon retirement …

related or not, even with the best data. We thus look at household finances and find that individuals delever upon retirement …

We consider the life cycle choices of a household that in each period decides how much to consume and how to allocate …, spouses' wages, hours of work, and time spent with children to estimate the sensitivity of consumption and time allocation to … transitory and permanent wage shocks. These structural parameters describe the ability of household to self-insure in response to …

We measure the response of household spending to the economic stimulus payments (ESPs) disbursed in mid-2008, using …

Expenditure visibility—the extent to which a household's spending on a consumption category is noticeable to others …

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 …

. There is clear evidence that short-term diaries do not accurately capture household food spending patterns given infrequency …

This paper studies the implications of household financial choices for the effects of monetary policy on consumption … income ratios by education and country. The policy functions based upon the estimation are used to characterize the … heterogeneity in consumption responses, monetary policy, operating through its effects on household income and asset market returns …