consumption decisions. In an experimental implementation of the discounted utility model, the subjects learn the entire paths of … inflation and interest rates prior to deciding on a consumption path. We decompose the total change in consumption that results … on current consumption than predicted by the model. …

consumption decisions. In an experimental implementation of the discounted utility model, the subjects learn the entire paths of … inflation and interest rates prior to deciding on a consumption path. We decompose the total change in consumption that results … on current consumption than predicted by the model. …

behaviour could thus imply a challenge to PIH-based standard models of consumption if it meant that a substantial share of … consumption to predictable income changes observed in Germany. …

behaviour could thus imply a challenge to PIH-based standard models of consumption if it meant that a substantial share of … consumption to predictable income changes observed in Germany. …

While recently more and more research has focused on the aggregate response of consumption to income shocks, little is … how consumption reacts to transitory and permanent shocks to disposable income for households with an income above or … below the median. Panel data on income and consumption from the PSID between 1998 and 2012 is used to estimate consumption …

Contrary to the implications of economic theory, consumption inequality in the US did not react to the increases in … consumption is imputed into the Panel Study of Income Dynamics to create panel data on income and consumption for the period 1980 …. Together, these phenomena can explain the lack of an increase in consumption inequality. …

in host country-specific human capital while the other partner works to finance the family's current consumption. Using …

sources of carbon dioxide. Private heating, electricity consumption or private transport are important key levers to reduce …