uses the recently released 2018 Family Income and Expenditure Survey and the Stone-Lewbel price index in the absence of … compared with that for other food groups. The income elasticity for rice is inelastic (0.26), slightly higher than the income … elasticity for sugar. Demand for rice is generally less elastic for higher-income Filipinos and families residing in urban areas …

of income elasticities, i.e. expenditure hierarchies, we show how this diversification process on the national level is … correlated with cultural norms, GDP and income inequality. We find that national expenditure hierarchies are relatively similar … tends to generate more niche consumption patterns by examining how rising income is positively correlated with demand …

decomposing disposable income into labour, property and transfer income is essential for understanding and forecasting consumption …. Finally, substantial crosscountry heterogeneity in marginal propensities to consume out of income and wealth components calls …

national income estimates of consumption, suggesting that payments data might contribute to a solution. Though imperfect, these …

income and consumption in panel data. I examine Blundell, Pistaferri and Preston (2008) as an important example for which …

alternative approach is to use the accounting identity that total household spending is equal to income plus capital gains minus … on income and wealth to other administrative data with information on financial and real estate transactions. Using this … second is a study of the transmission of income shocks to household consumption. …

While recently more and more research has focused on the aggregate response of consumption to income shocks, little is … known about how this response differs for households at different ends of the income distribution. This paper investigates … how consumption reacts to transitory and permanent shocks to disposable income for households with an income above or …

This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During … income. Using representative panel data on urban households from the Russian Longitudinal Monitoring Survey, I find that a … household which experiences an exogenous shock of 10% of its total income changes both its food and total non …

We measure the extent of consumption insurance to income shocks accounting for high-order moments of the income … income shocks. Using PSID data, we estimate an asymmetric pass-through of bad versus good permanent shocks – 17% of a 3σ … income risk matters substantially for consumption …

income than to rises of the same size. Household balance sheet characteristics (including the presence of a savings buffer …), concerns about credit market access and higher subjective risk of lower future income account for a sizable share of this …