search model with (i) precautionary savings, (ii) work opportunities in paid- and self-employment, (iii) skill heterogeneity …

effect of wealth shocks on household consumption and individual expectations of the future. Many household experienced a …

ownership and expenses, levels and paths of health status, number of household members, and out-of -pocket medical expenditures …

estimate the effect of wealth shocks on household consumption and individual expectations of the future. Many household …

Household composition can be expected to affect the allocation of household expenditure among goods, at the very least … because of economies of scale as household size increases and because different people have different needs (adults versus … correct price and expenditure elasticities and for the purpose of making household welfare comparisons. A common way of …

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

-cycle framework how individuals respond to recessions. Our focus is on the sharp increase in savings rates that have been observed in … times. We show that the rise in the aggregate savings ratio is driven by increases in uncertainty, rather than tightening of …

Much empirical research in economics is based on data from household surveys. Panel surveys are particularly valuable … may alter subsequent behavior. We provide novel evidence of survey effects on a central life-cycle choice: household …