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This paper compares the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS) for …
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This article examines trends in population, labour, prices, incomes and consumption across eight Eastern European …. Incomes and consumption rose steadily, and access to education and health care expanded, often at rates comparable to or even … consumption growth began to slow significantly. …
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financial risks on consumption choices in the Mediterranean Region. The analysis is carried out using time series aggregate data … significantly influence consumption dynamics. Our estimates of the indexes of relative risk aversion and relative prudence, as well …
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We consider an optimal consumption and pollution problem that has two important features. Environmental damages due to … perpetual decrease in environmental quality and consumption, both asymptotically converging toward zero. Therefore, accounting … for the risk of irreversibility induces more conservative decisions regarding consumption and polluting emissions. In …
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