This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK … households to increase durable purchases. -- Consumption ; Spending ; Recessions …

This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK … - had some success in encouraging households to bring forward some durable purchases. -- Consumption ; Spending ; Recessions …

We use direct evidence on credit constraints to study their importance for household consumption growth and for welfare … who are currently unconstrained and who are able to borrow if needed, consumption responds to transitory income. -- Job …. We distentangle the direct effect on consumption growth of a currently binding credit constraints from the indirect …

This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK … - had some success in encouraging households to bring forward some durable purchases. …

We use direct evidence on credit constraints to study their importance for household consumption growth and for welfare … who are currently unconstrained and who are able to borrow if needed, consumption responds to transitory income. …. We distentangle the direct effect on consumption growth of a currently binding credit constraints from the indirect …

This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK … households to increase durable purchases. …

effect of wealth shocks on household consumption and individual expectations of the future. Many household experienced a …