This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …

confidence. Long-term interest rates, as a measure of confidence in the sovereign, tend to fall around spending …, spending-based measures seem preferable. Slump periods are not necessarily bad moments for such measures, while strengthening …

consumption (such as GDP, household incomes, household saving rates, household wealth, and employment conditions) in the Group of … the household saving rate. …

by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that … Japan's household saving rate showed great volatility, was often low and even negative, and was high only during the 25-year … trends over time in, Japan's household saving rate via various socioeconomic and policy variables. This seems to suggest that …

lacks buffer savings. This is further emphasized for different subpopulations. Women, couples, and older individuals holds …

-cycle framework how individuals respond to recessions. Our focus is on the sharp increase in savings rates that have been observed in … the current and recent recessions. We show empirically that these saving spikes were short-lived and common to all working … times. We show that the rise in the aggregate savings ratio is driven by increases in uncertainty, rather than tighening of …

, good-specific discounting, under certain conditions, can explain the persistence of poverty and low savings by the poor …

This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …