The goal of this chapter is to study how, and by how much, household income, wealth, and preference heterogeneity …, using data from the Panel Study of Income Dynamics, we document the patterns of household income, consumption and wealth …. Motivated by this evidence, we study several variants of a standard heterogeneous household model with aggregate shocks and an …

This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …

The goal of this chapter is to study how, and by how much, household income, wealth, and preference heterogeneity …, using data from the Panel Study of Income Dynamics, we document the patterns of household income, consumption and wealth …. Motivated by this evidence, we study several variants of a standard heterogeneous household model with aggregate shocks and an …

This paper uses a new data set to study household responses to adverse income shocks in seven Latin American countries …

This paper uses a new data set to study household responses to adverse income shocks in seven Latin American countries …

between expectations of future job losses and the subsequent impact that these expectations have on household consumption … important impact on household consumption smoothing following a job loss. The second part of the paper finds that although a job … loss significantly reduces household consumption, there is little evidence that the degree to which households anticipate …

luxury goods. Moreover, uncertainty reduces household propensity to invest in mutual funds. These results support the notion … that macroeconomic uncertainty can impact household decisions and have large negative effects on economic outcomes …

luxury goods. Moreover, uncertainty reduces household propensity to invest in mutual funds. These results support the notion … that macroeconomic uncertainty can impact household decisions and have large negative effects on economic outcomes …