. Hence, household consumption is not only determined by habit persistence but also by interpersonal comparisons. Most …

and household welfare. We estimate Euler equations and measure the volatility of unpredictable changes in consumption as …, and document that despite the increase in household debt between 1983 and 2007, there was no decline in the proportion of …

or more of their income. On average, every household saved a good 17 percent of their income in 2013. …

to consume (MPCs). Our main contribution is to document how MPCs vary with household characteristics and prize size, and …

We investigate the effects of demographics, household expenditure and female employment on the allocation of household … interactions between household expenditure and demographics are of significant importance in explaining the allocation to consumer …

nonlinearities in household demand. Therefore, the econometric framework should not impose any strong restrictions on the functional … forms of household expenditure shares. The chosen semiparametric specification meets this requirement. It is flexible, it …

system (QUAIDS) model controlling also for total expenditure on food, region of residence, household size, age of head of … household, whether women are working, number of time in which the household buys ready food, household type and income quartiles …

setting the tax deduction for families with children requires assessing the true household cost of children. Evaluating child …The cost of children is a critical parameter used in determining many economic policies. For instance, correctly … poverty at the individual level requires making a clear distinction between the share of family resources received by children …