This study examines the impact of a joint financial literacy and women’s empowerment training programme on household … financial literacy on household consumption is influenced by the design and delivery of the programme. A weaker impact is … training on household consumption is achieved through the inclusion of a women’s empowerment module. The joint delivery of the …

consumption we estimate the link between the probability that several household members lose their job and the wealth and … consumption of that household. We instrument the type of contract using regional variation in the amount, timing and target groups …

. We propose a novel consumption-savings model in which a consumer has a well-defined preference ordering over both … changes. We find that (i) the welfare cost of household-level consumption fluctuations may be overstated by 1:7 percentage …

. Memorable goods expenditures are 20% the size of nondurable expenditures, but twice as volatile. We then develop a consumption-savings …'s predictions for the consumption response to predictable income changes. We find that the welfare cost of household …