This paper describes the transmission of income inequality into consumption inequality and in so doing investigates the … degree of insurance to income shocks. It combines panel data on income from the PSID with consumption data from repeated CEX … found to play an important role in insuring permanent shocks. Adding durable expenditures to the consumption measure …

consumption changes in the US over the period 1952-2001. Theoretically, the effect of labour income risk on consumption changes is … consumption changes. A more important part of aggregate consumption changes is explained by the unobserved component. The …

direct monetary cost and the indirect health cost (value of health lost) of unhealthy consumption. The health cost increases …

This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …

In this paper, we present data on recent trends in private consumption and in possible determinants of private … consumption (such as GDP, household incomes, household saving rates, household wealth, and employment conditions) in the Group of … consumption growth rates but also in the determinants of private consumption growth during the 2002-07 period. With respect to …

This paper examines the impact of idiosyncratic income shocks on household consumption, educational expenditure and … household consumption. Using six different kinds of self-reported economic hardships, our findings indicate that coping … find a significant decrease in consumption spending and educational expenditure while fertility increases. Theses results …

In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that … incorporates household consumption and family labour supply decisions. We derive analytical expressions based on approximations for … the dynamics of consumption, hours, and earnings of two earners in the presence of correlated wage shocks, non …