policy uncertainty affects household consumption and stock prices. The model implies that the government should avoid policy …

In the present paper it will be shown empirically that risk at poverty has a negative impact on household consumption …

Economic volatility remains a fact of life in Sub Saharan Africa (SSA). Household-level shocks create large consumption … vulnerability to shocks across household types (e.g. by education, ethnic group, and economic activity) and we quantify the impact … mechanisms, including financial access and transfers. Country characteristics crucially determine which household-level shocks …

and second moments of inflation expectations separately affect subsequent household decisions. We document several key … encourages household job search, leading to higher subsequent employment among the unemployed and less under-employment among the …

Household collective models celebrate their thirtieth birthday. The collective approach constitutes, perhaps, the … to some excellent surveys of household collective models (Strauss et al., 2000; Vermeulen, 2002; Donni and Chiappori … papers, the collective framework has been used to provide theoretical results for a number of household issues; for example …