This paper presents a model of consumption and household production that takes into account substitution between health … related to marriage markets that could help explain consumption, including demand for medical care and good nutrition. These …

ex-ante homeowners who rate (cash-out) refinance an existing loan to increase savings (consumption) are significantly …

loan to increase lifetime savings are significantly more likely to underestimate their house value, while homeowners who … "cash-out refinance" an existing loan to fund current consumption are significantly more likely to overestimate their house …

We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … collective households with consumption technologies that define the public and private nature of expenditures through Barten … scales. Our method recovers the technology by solely exploiting preference information revealed by households' consumption …

's desire to tilt, smooth and stabilize consumption as well as minimize portfolio risk. In this context we also show how the …

We model consumption and labor supply behavior of a couple in a non-cooperative setting. Using minimal assumptions, we …

. -- Consumption/Saving Forecast ; Credit Crunch ; Financial Crisis …

This paper investigates empirically why Japan’s household savings rate fell in the 1990s. We constructed an economic …’s household savings rate. Our simulation analysis demonstrated that if the proportion of liquidity-constrained households in the … 1990s had stayed at the level as that of the late 1980s, the household savings rate would have increased by four percent …