in consumption after 2008. First, households may have optimally adjusted to lower wealth by reducing their demand for …

-through rates for low-income households are 58%, significantly larger than those for high-income households. We then present one …

Republic. Reforms of excise duties change the prices of goods, a change to which households respond by adjusting their … individual households to create a microeconomic simulation model that enables me to simulate the impact of changes in excise … duties on households' demands. I show the distributional impact of current excise duties and then I simulate the impact of …