or region of residence) operate on the same marriage market and are characterized by a homogeneous consumption technology … consumption level in case of marriage dissolution or spousal death. …We propose a novel structural method to empirically identify economies of scale in household consumption. We assume …

or region of residence) operate on the same marriage market and are characterized by a homogeneous consumption technology … consumption level in case of marriage dissolution or spousal death …We propose a novel structural method to empirically identify economies of scale in household consumption. We assume …

or region of residence) operate on the same marriage market and are characterized by a homogeneous consumption technology … consumption level in case of marriage dissolution or spousal death …We propose a novel structural method to empirically identify economies of scale in household consumption. We assume …

lifetime resources, on the current consumption and wealth accumulation of employees affected by the reform. In line with …

(positive) impact on households' consumption (savings), even after we control for family income. We argue that people save to … consumption is stronger for poorer and younger people, and income inequality stimulates more education investment, which are …

This paper studies consumption and savings decisions of Danish households before and during the financial crisis as … consumption ratios immediately in response to the financial crisis, net savers have increased their consumption ratios to pre … housing wealth, suggesting that collateral effects may play a role. The MPC is asymmetric; households adjust their consumption …

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 …