perpetual decrease in environmental quality and consumption, both asymptotically converging toward zero. Therefore, accounting …We consider an optimal consumption and pollution problem that has two important features. Environmental damages due to … for the risk of irreversibility induces more conservative decisions regarding consumption and polluting emissions. In …

When consumption of water and other utilities is measured collectively and payment for such services is equally shared … installation of individual meters affects water consumption. Using rich administrative data from the public water utility company … in Quito, Ecuador, it is estimated that water consumption decreases by about 8% as a result of the introduction of …

housing crash from 2006 to 2011 and its implications for aggregate and cross-sectional consumption during the Great Recession … consumption. Balance sheets act as a transmission mechanism from housing to consumption that depends on gross portfolio positions … and the leverage distribution. Low interest rate policies accelerate the recovery in housing and consumption …