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 …

preferences and in the determination of optimal consumption and optimal bequests. We show how the consumption paths of dynasties … ; dynasties ; evolution of consumption ; evolution of bequests …

We propose a novel structural method to empirically identify economies of scale in household consumption. We assume … collective households with consumption technologies that define the public and private nature of expenditures through Barten … scales. Our method recovers the technology by solely exploiting preference information revealed by households' consumption …

We study collective decisions by time-discounting individuals choosing a common consumption stream. We show that with …

We propose a novel approach to model joint consumption decisions of individuals who care for each other. We assume non …-cooperative interaction between the different individuals and the within-group consumption outcome critically depends on the degree of caring … between the group members. By varying the degree of caring, the model encompasses a whole continuum of group consumption …

In this paper we consider the effect of quantity restrictions and scrutiny on the consumption of quasi-free goods. A … companies (Evernote, IBM, Bestbuy), suggests that placing limitations on consumption can lead to an increase in the level of … consumption of such goods, while removing existing limitations (as in the case of vacations) may result in a decrease in …