Yu, Jian; Shi, Xunpeng; Laurenceson, James - In: International Journal of Emerging Markets 15 (2019) 4, pp. 790-808
Purpose: Consumption volatility is a key source of economic growth volatility; thus, it is an important factor in designing macroeconomic policy. The purpose of this paper is to investigate the factors that determine household consumption volatility, using urban household survey (UHS) data over...