aggregate demand of 1.3 percent of consumption in the second quarter of 2008 and 0.6 percent in the third. Spending is …

working relatively few (weekly) hours, for instance, suffer from a spending shock of the type we analyzed: their consumption …

. We study private consumption choices focusing on former East Germany, where differential access to Western television was … significant impact of previous exposure to Western television on aggregate consumption levels. However, exposure to Western … broadcasts affects the composition of consumption, biasing choices in favor of categories of goods with high intensity of pre …

drop in mortgage defaults, an increase in new financing of durable consumption (auto purchases) of more than 10% in … relative terms, and an overall improvement in household credit standing. New financing of durable consumption by borrowers with … deleveraging response that can significantly restrict the ability of monetary policy to stimulate these households' consumption …

equally large increase in consumption inequality. Most researchers have studied this question using data from the Consumer … Expenditure Survey (CE) and some studies have suggested that the increase in consumption inequality has been modest. Unfortunately … to which definitive conclusions can be made about the extent to which consumption inequality has evolved over the last …

stagnation of household consumption during the 1990s and find that the stagnation of household disposable income, the decline in …