MacGee, James; Pugh, Thomas Michael; See, Kurt - 2020 - Last updated: November 27, 2020
of consumption expenditures. We simulate a series of individual and aggregate shocks to household income and consumption … Household Spending to construct a representative cross-section of households who vary in their income, debt portfolios and mix … consumption expenditures across hard-to -distance goods (e.g., travel, restaurants) and easy-to -distance goods (e.g., groceries …