We adopt a structural approach to studying the effects of public transfers on consumption smoothing, risk sharing and … preferences can reasonably well explain consumption dynamics and cross-sectional distributions. The calibrated model correctly … predicts the increase in consumption smoothing of transfers’ recipients, and the decrease in risk sharing between beneficiaries …

in the future. This paper examines consumption risk and risk-coping strategies in the case of Tajikistan, a country where … by per-capita consumption. Using the derived measure of risk, we identify determinants of consumption risk and the use of … coping strategies. The results show that higher risk and risk aversion is related to lower consumption and higher poverty …

significantly increase labor supply, consumption and welfare. From an ex-ante perspective an even more desirable reform would be to …

labor supply, consumption, and welfare. From an ex-ante perspective an equally desirable reform would be to make the portion …

Present-biased preferences cause distortions in consumption that can motivate the use of paternalistic in …-kind transfers. Empirically, goods are consumed to different degrees when consumption outlay changes. Economists distinguish between … necessary goods and luxury goods. A present-biased individual has an intertemporal distortion of consumption toward the present …

"Up until now, our knowledge on the consumption patterns of recipients of Unemployment Benefit II, the means tested … analyses of consumption are highly relevant for setting benefit levels. In order to close this gap, in our paper we will first … concentrate on the amount and structure of benefit recipients' consumption spending. Afterwards we will analyze consumption …