This documentation describes the data preparation of the new consumption module in the German Socio-Economic Panel … included a detailed consumption module in the household questionnaire. This documentation discusses several methodological … monthly and annual consumption information, missing values, and a high incidence of heaping. …

This documentation describes the data preparation of the new consumption module in the German Socio-Economic Panel … time included a detailed consumption module in the household questionnaire. This documentation discusses several … between monthly and annual consumption information, missing values, and a high incidence of heaping. …

', i.e. the reconciliation between neoclassical and behavioural economics. We compare how theoretical models of absolute …

This paper describes the transmission of income inequality into consumption inequality and in so doing investigates the … degree of insurance to income shocks. It combines panel data on income from the PSID with consumption data from repeated CEX … found to play an important role in insuring permanent shocks. Adding durable expenditures to the consumption measure …

consumption data. We develop a specific approximation to the optimal consumption growth rule and use Monte Carlo evidence to show …

Recent theoretical contributions have suggested consumption externalities, or peergroup effects, as a potential … intertemporal consumption choice is a completely open question. To shed some light on the issue, we derive an extension of the … standard life-cycle model that allows for consumption externalities. The analysis is complicated by the challenge of …