We show that the hedging benefit of owning a home reduces the variability of housing consumption after a move. When a … consumption by about 11%. Households at the top end of the covariance distribution who are likely to have owned large homes before …

In this paper we investigate the size of the consumption drop at retirement in Italy. We use micro data on food and … total non-durable household spending covering the period 1993-2004, and evaluate the change in consumption that accompanies … decision. We take a regression discontinuity approach, and make the identifying assumption that consumption would be the same …

Using regression discontinuity design we study a change in household consumption-related expenditures in Russia and …

Productive consumption enables the satisfaction of current needs and simultaneously increases the productive potential … of labour. From the perspective of growth theory, the productive-consumption hypothesis is of fundamental interest … because it modifies the harsh intertemporal consumption trade-off traditionally assumed. Two fundamental possibilities for …

Prosumers are becoming increasingly important in global energy consumption and production. We partner with an energy …-month period. As a policy instrument, we explore how simple nudges affect choices on both the consumption and production …

In this paper we investigate the size of the consumption drop at retirement in Italy. We use micro data on food and … total non-durable household spending covering the period 1993-2004, and evaluate the change in consumption that accompanies … decision. We take a regression discontinuity design approach, and make the identifying assumption that consumption would be the …

<p>In this paper we investigate the size of the consumption drop at retirement in Italy. We use micro data on food and … total non-durable household spending covering the period 1993-2004, and evaluate the change in consumption that accompanies … decision. We take a regression discontinuity approach, and make the identifying assumption that consumption would be the same …

stagnation of household consumption during the 1990s and find that the stagnation of household disposable income, the decline in … household wealth, and increased uncertainty about the future are among the contributing factors. Finally, I consider whether …