preference theory. It measures willingness-to- pay for others’ consumption and willingness-to-pay for equality in consumption by … evaluating consumption externalities in monetary terms. We introduce an al- truism parameter and an inequality aversion parameter …

consumption commitment for most households { their monthly rent or mortgage payment. I find that non-durable and food spending … weekly, biweekly and monthly income streams but the same timing of rent/mortgage payments have very similar consumption …

that the distribution of measured consumption growth rates should be independent of variables that are exogenous to the … tested by cross sectional regressions of individual consumption growth on a variety of variables that should not be … individual consumer when we allow for measurement error in consumption and for variation in preferences. This proposition is …

surveys that try to measure expenditures on a comprehensive consumption aggregate. This paper investigates the use of … consumption "sub-aggregates" instead. The use of consumption sub-aggregates is theoretically justified if and only if all the … consumption measures remains an unmet challenge …