small impacts on mean consumption and inequality in the aggregate. There are both gainers and losers and (contrary to past … inequality into a"vertical"component (between people at different pre-reform welfare levels) and a"horizontal"component (between … full de-protection. The diverse impacts reflect a degree of observable heterogeneity in consumption behavior and income …

This paper attempts to find support for the life-cycle model of consumption under the assumption that some consumers … are excluded from the credit market. An intertemporal model of consumption is put forward that allows a fraction of … consumers to be credit rationed. The model defines credit rationing as the constraints on consumption created by lack of access …

that are generated by catastrophic events or natural disasters. The author shows that despite high consumption growth, the … Caribbean region suffers from a high volatility of consumption that decreases household welfare. After presenting some empirical … evidence that consumption volatility is higher in the Caribbean region than in the rest of the world, he makes some empirically …

This paper evaluates the degree of consumption insurance enjoyed by Latin American and Caribbean countries, with … respect to various reference areas, by estimating a parameter expressing the sensitivity of a country's consumption growth to … a measure of idiosyncratic shocks to income. The paper surveys common econometric implementations of"consumption …

or consumption. This paper uses this indicator in an analysis of economic inequality. The methodological approach is …This paper uses the Peruvian Living Standard Survey (PLSS) data to analyze: (a) inequality in the distribution of … variations in labor supply and income inequality. It uses a decomposing method to analyze income inequality and utilizes a …

associated with responses to questions about income and consumption adequacy. Results show that isolation is associated with a … significant reduction in subjective assessments of income and consumption adequacy, even after controlling for consumption … consumption may seriously underestimate the subjective welfare cost of isolation, and hence will tend to bias downward the …

assumptions regarding the underlying economic environment. We find that when the environment is stationary, and consumption … vulnerability is employed. If the vulnerability measure is risk-sensitive, but consumption is measured with error, a simple … estimator proposed by the authors(2003) generally performs best. However, when the distribution of consumption is non …

, commodity production, and consumption preferences-is significant and should be taken into account when designing compensatory …

This paper uses data from eight different consumption questionnaires randomly assigned to 4,000 households in Tanzania … to obtain evidence on the nature of measurement errors in estimates of household consumption. While there are no … questionnaires shows that errors have a negative correlation with the true value of consumption, creating a non-classical measurement …

levers and simply assumes exceptional economic growth and decreased inequality for fragile states. This extremely optimistic …