Usage of tobacco is a significant health problem in India and its influence is very hazardous. The the government takes adequate control measures, and also the consumption of tobacco is also considered as a cultural practice. The present the paper mainly focused on finding the consumption the...

Preliminary research showed how the existing publications approach households' spending habits from a quantitative point of view. Questionnaires and their statistical evaluation by the appropriating software are the most commonly used in the reviewed studies. Analysing a family's overspending in...

This paper estimates the importance of temptation (Gul and Pesendorfer, 2001) for consumption smoothing and asset accumulation in a structural life-cycle model. We use two complementary estimation strategies: first, we estimate the Euler equation of this model; and second we match liquid and...

We estimate models of consumption growth that allow for long-run risks and disasters using data for a series of countries over a time span of 200 years. Our estimates indicate that a model with small and frequent disasters that arrive at a mean-reverting rate best fits international consumption...

This paper investigates the household consumption behavior in Russia. The model assumes that household consumption can be described by both the Euler equation and the rule-of-thumb. Using panel data on households (Russian Longitudinal Monitoring Survey – Higher School of Economics [RLMS-HSE])...