on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor …

comparison effect, decrease subsequent demand. This tension is particularly important for the distribution of health products in … Northern Uganda in which three health products differing in their scope for learning were initially offered either for free or …

-rich households consume a larger share of their current income when exposed to a higher top income and consumption levels. We argue …

In this paper we analyse the relationship between unemployment and consumption. We study this relationship with panel … smaller consumption losses in Spanish and Italian households. We discuss this finding in the light of different market and … that credit and insurance markets are also more developed in the North than in the South, existing theories of consumption …

the agent with an intermediary. We then show that our contract economy is equivalent to a consumption-savings economy with …

dynamic general equilibrium model where households’ utility depends on consumption deviations from a reference level below … consumption generate competing effects on output and inflation. Contractions face the Central Bank with higher responsiveness of …