Many households hold little wealth, especially liquid wealth. In precautionary savings models, absent preference heterogeneity, these households should display not only higher marginal propensities to consume (MPCs), but also lower average propensities to consume (APCs) and higher future...

H.J. Habakkuk, a bibliography -- Introduction / F.M.L. Thompson -- English and French landowners, 1688-1789 / P.K. O'Brien and D. Heath -- A world elsewhere / J.R.T. Hughes -- The decline of the small landowner in England and Wales, 1660-1900 / J.V. Beckett -- Henry Hoare, banker, his family and...