characterizations leave the discounting function essentially unrestricted, the theory can accommodate, in particular, decision makers …

consumption development and thus average welfare of individual cohorts. The analysis is based on a Ramsey growth model and refers …

do not examine the determinants of the level of per capita income as an indication that a certain theory has better …

firms and consumers. Referring to the 'characteristics' of the theory of consumption of Kelvin Lancaster, functions of …, but neither microeconomics nor consumption sociology even discuss it as a motive for consumption. After defining some key … terms, 'efficiency consumption' is introduced theoretically as a means for securing an income (consumer investment). It is …

Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality and find that inequality … shocks. The response of consumption to permanent and transitory income shocks becomes weaker later in the sample, consistent …

transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX … repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable life … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …

zur Bedeutung von residentieller Mobilität für die lokale Orientierung und den lokalen Konsum identifizieren: eine … und von Personen in Fernbeziehung (LAT) mit dem nichtmobiler Personen verglichen. Lokal orientierter Konsum wurde als … Konsum von lokalen Alltagsprodukten, ökologischer Konsum, Medienkonsum und als große lokale Investitionen definiert …