. 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 …

the consumption level of all households who are perceived to be richer, on household savings and consumption. When …We demonstrate that interpersonal comparisons lead to "keeping up with the Joneses"-behavior. Using annual household …

This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …

across states shows that the rise in top income shares can explain almost all of the accumulation of household debt held as a … financial asset by the household sector. Since the Great Recession, the saving glut of the rich has been financing government …