would increase aggregate consumption by 0.82 percent. Furthermore, we find that redistributing 1% of national disposable … from the top to the bottom decile of the income distribution would boost aggregate consumption by 0.1%. …

would increase aggregate consumption by 0.82 percent. Furthermore, we find that redistributing 1% of national disposable … income from the top to the bottom decile of the income distribution would boost aggregate consumption by 0.33%. …

We review different empirical approaches that researchers take to estimate how consumption responds to income changes …. We critically evaluate the empirical evidence on the sensitivity of consumption to predicted income changes … restrictions that the theory imposes on the joint behavior of consumption and income growth, and combining realizations and …

would increase aggregate consumption by 0.82 percent. Furthermore, we find that redistributing 1% of national disposable … income from the top to the bottom decile of the income distribution would boost aggregate consumption by 0.33%. …

would increase aggregate consumption by 0.82 percent. Furthermore, we find that redistributing 1% of national disposable … from the top to the bottom decile of the income distribution would boost aggregate consumption by 0.1%. …

We review different empirical approaches that researchers have taken to estimate how consumption responds to income … changes. We critically evaluate the empirical evidence on the sensitivity of consumption to predicted income changes … restrictions that the theory imposes on the joint behavior of consumption and income growth, and combining realizations and …

would increase aggregate consumption by 0.82 percent. Furthermore, we find that redistributing 1% of national disposable … income from the top to the bottom decile of the income distribution would boost aggregate consumption by 0.33%. …

This essay first reviews the basic empirical predictions of the life cycle hypothesis of consumption, namely that … individuals should try to smooth intertemporally the marginal utility of consumption, that young workers should be accumulating …

cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … distribution. Consumption inequality increased less than disposable income inequality, and tracked the latter much more closely at …

cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … distribution. Consumption inequality increased less than disposable income inequality, and tracked the latter much more closely at …