consumption-saving behavior. We construct a novel consumption-saving model where the household must infer the persistent component … marginal propensity to consume because the short run covariance between income growth and consumption growth increases when … can be identified from panel data on income and consumption. Finally, we estimate a high degree of knowledge in the Panel …

able to take into account consumption dynamics. In the model, households derive utility from consumption, and they relate … their purchase behavior to consumption planning. We illustrate our model for yogurt purchases, and show that our model …

Most of the empirical literature on consumption behaviour over the last decades has focused on estimating Euler … policy relevant issues. Alternatively, many papers have proposed using the consumption function to forecast behaviour. This … paper follows in this tradition, by deriving an analytical consumption function in the presence of intertemporal non …

This paper finds declining consumption expenditure between paydays, for a typical household in the working population …

collective consumption model, while accounting for general (possibly non-convex) individual preferences. We establish a … nature of consumption externalities (positive or negative) in the intra-household allocation process is non-testable. The … same non-testability conclusion holds for privateness (with or without externalities) or publicness of consumption. By …

on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …

Strong growth in disposable income has inflated consumption to unprecedented, but not sustainable levels. In this … individual welfare would be directly affected by policy measures designed to make consumption sustainable. Such policy measures … pay attention to both direct and indirect welfare effects. As a concrete proposal a redesign of consumption taxes is …

Strong growth in disposable income has driven, and is still driving, consumption to unprecedented, but not sustainable … theory of consumption is suggested and discussed with respect to its implications for making a transition to more sustainable …

able to take into account consumption dynamics. In the model, households derive utility from consumption, and they relate … their purchase behavior to consumption planning. We illustrate our model for yogurt purchases, and show that our model …

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