"Consumption expenditures by households in the United States acccount for about 70% of America's GDP. The primary focus in this book is on how households adjust these expenditures in response to changes in prices and income." -- Back cover

Of the various ways in which energy enters into American foreign policy, the most important for national security is the heavy depen- dence of the United States and most of its allies on oil from unreli- able sources, particularly from the Middle East. In comparison, other energy-related foreign...

Preliminaries -- and Overview -- Demand Theory Under Review -- Quantile Regression: A Robust Alternative to Least Squares -- Analyses of Data from BLS Consumer Expenditure Surveys -- Description of Data Used from the Ongoing BLS Consumer Expenditure Surveys -- Stability of U.S. Consumption...