We offer a model for the distribution of consumption over categories of expenditure. We developed this model for …

This collective approach to household consumption behavior tries to infer from variables supposed to affect general … investigates the extension of previous work to the case where children may be considered as a public consumption good by the two …

significant determinant of consumption. The marginal effects of housing wealth, financial wealth, and income differ substantially … dramatically higher than for households with greater financial wealth. Wealth and its composition affect consumption. …

Strong growth in disposable income has inflated consumption to unprecedented, but not sustainable levels. In this … individual welfare would be directly affected by policy measures designed to make consumption sustainable. Such policy measures … pay attention to both direct and indirect welfare effects. As a concrete proposal a redesign of consumption taxes is …

Consumers act in housing in a way that disposable income is allocated to current consumption or for savings and future … consumer needs. In many countries, household consumption is studied by analyzing family budgets. Household income is the main … source of cover for public need of consumption. In this paper we analyzed the level, dynamics and structure of income and …

This is a short survey on consumption theory. Consumption is important to both fluctuation and growth. In addition …, consumption introduces some important issues involving financial markets and portfolio decisions. We will describe consumption … interaction between consumption decisions and portfolio choice is investigated in the third part of the paper. …

's understanding of investors' behaviour that can be fruitfully extended to consumption theory, in a context in which consumers are …

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 …

Utilizing the asset pricing framework, we justify S-shaped consumption utility functions by reconciling realized … consumption with asset returns. The S-shaped consumption utility predicts a possible negative correlation between asset returns … and lower quantiles of consumption growth, for which we find evidence from micro-level data. This evidence refutes a …