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Saving on a rainy day, borrowing for a rainy day

Alan, Sule; Crossley, Thomas F.; Low, Hamish - 2012

-cycle framework how individuals respond to recessions. Our focus is on the sharp increase in savings rates that have been observed in … the current and recent recessions. We show empirically that these saving spikes were short-lived and common to all working … age groups. We then study life-cycle models in which recessions involve one or more of: (i) an aggregate permanent …

Persistent link: https://www.econbiz.de/10009530241

Household consumption through recent recessions

Crossley, Thomas F.; Low, Hamish; O'Dea, Cormac - In: Fiscal studies : the journal of the Institute for … 34 (2013) 2, pp. 203-229

Persistent link: https://www.econbiz.de/10010221110

Scarcity, sex, and spending : recession cues increase women's desire for men owning luxury products and men's desire to buy them

Bradshaw, Hannah K.; Rodeheffer, Christopher D.; Hill, … - In: Journal of business research : JBR 120 (2020), pp. 561-568

Persistent link: https://www.econbiz.de/10012417165

Trading down and the business cycle

Jaimovich, Nir; Rebelo, Sérgio; Wong, Arlene - In: Journal of monetary economics 102 (2019), pp. 96-121

Persistent link: https://www.econbiz.de/10012264891

Consumer recession/recovery

Runyon, Herbert - In: FRBSF Economic Letter (1975)

Persistent link: https://www.econbiz.de/10005346962