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 …

saving motive by eliciting subjective expectations on future consumption. We find that expected consumption risk is higher … expectations (rather than consumption realizations, as in the existing literature) in an Euler equation for consumption, and … estimate the degree of prudence by associating expected consumption risk with expected consumption growth. Robust OLS and IV …