. I find potent support in favor of nonhomotheticity in aggregate consumption data, with nondurable goods being …

in beer quality has been one of the drivers behind the spectacular growth of beer consumption in several Eastern European … countries. Most remarkable was the growth in the Russian beer market, where beer consumption more than quadrupled over the … improvement in the quality of beer has been an important driver behind rapid growth in beer consumption in Russia. In den letzten …

Erklärung für die Entwicklung von Konsum- und Anlagenverhalten in den USA liefert. Sie vergleicht die Vermögenseffekte in …The article illustrates how the integration of modern theory of finance and stochastic dynamic macroeconomic analysis … provides a deeper understanding of the link between asset prices and consumption. It shows that this approach gives only a …

This article examines the potential risks on consumption behavior of lump-sum payments. As a pension, lump-sum payments … could be consumed too fast and generate an increase of poverty rates. We experimentally investigate consumption behavior in … an inter-temporal decision-making setting. Subjects make consumption and saving decisions in an environment with two …

The empirical literature on household savings tends to treat savings simply as the residual of income minus consumption … smoothing consumption is also confirmed by the use of a system of equations in which both portfolio and production decisions are … buffering consumption. As an extension, we have explored the monthly ICRISAT panel data for the period 2009-2012 in the same …

Pakistan. Consumption decisions determine savings decisions. In long term growth literature, differences in long term growth … determinants of savings in Pakistan economy. The results indicate evidence of consumption smoothing and relatively stable Average … wealth variables like total market capitalization of stocks. In line with theory, it was found that nominal national savings …

The American savings rate, always low by international standards, has fallen sharply in recent decades. In this essay …, I argue that a large part of the savings shortfall results from pressures to keep pace with community spending standards …, pressures that have been exacerbated by rising income and wealth inequality. The progressive consumption tax is one possible …

In this paper the e ects on aggregate consumption of changes in the age distribution of the population are analysed … empirically. Economic theories predict that age influences individuals’ saving and consumption behaviour. Despite this, age … structure e ects are rarely controlled for in empirical consumption functions. Our findings suggest that they should. By …