measures as well as consumption based measures are gaining increasing currency in scientific analysis of economic well …-being. Our findings suggest that a consumption-based measure gives very different answers about relative economic standing across … measuring the relationship between income and consumption across groups and time, we are able to evaluate how differences in …

We follow Fuhrer (2000) in estimating via Maximum Likelihood a log-linear consumption function on UK data. In doing so … habits look more internal in that they appear indexed to past average consumption of only a subset of (peer) consumers in the … economy, rather than total past per capita consumption. We also find that for about one seventh of UK consumers, current …

This paper tests whether the Ricardian Equivalence proposition holds in a life cycle consumption laboratory experiment … not hold in general. Our results suggest that taxation has a significant and strong impact on consumption choice. Over the … life cycle, a tax relief increases consumption on average by about 22% of the tax rebate. A tax increase causes consumption …

This study introduces a monthly coincident indicator for consumption in Germany based on Google Trends data on web … consumption. Unlike those indicators, it provides predictive information beyond that already captured in other macroeconomic …

a cap on the total amount of consumption and investment is not as binding as two caps, one specific for consumption and … a different one for investment spending. More specifically, the consumption variation is triggered by changes in the …