In this paper, we estimate consumption in the first wave of the Eurosystem Household Finance and Consumption Survey for … a subset of countries that account for around 85% of the aggregate final consumption expenditure of households in the … questions on consumption asked to households participating in the survey and information on consumption collected in the …

Through certainty equivalent consumption (CE) measures, we show that dispersion of current earnings, expenditures, and … consumption, as well as uncertainty and demographic composition. Rising inequality has offset about 1/4 of the welfare gains from … higher consumption, with most of the losses accruing after 2000. …

This study uses Cointegration and an Error Correction Model to investigate the responsiveness of household consumption … consumption and gross domestic product from the World Bank's World Development Indicators database. In the empirical model …, consumption depends entirely on income. The results show that in the short-run, 85 percent of additional income goes toward …

measures as well as consumption based measures are gaining increasing currency in scientific analysis of economic well …-being. Our findings suggest that a consumption-based measure gives very different answers about relative economic standing across … measuring the relationship between income and consumption across groups and time, we are able to evaluate how differences in …

. Replication of Sumner's consumption model suggests long lag lengths are a mis-specification: the true underlying model is periodic …-integration between income and consumption, based on a periodic error correction model, is rejected. A PADL specification is preferred for … modelling the income-consumption relationship, using seasonally unadjusted data. …

their consumption from specific economic shocks and fluctuations in their real income. Building on the recent literature of … consumption smoothing and risk sharing, the degree of consumption insurance is defined by the degree to which the growth rate of … household consumption covaries with the growth rate of household income. All the cases studies show that food consumption is …

We introduce two separate datasets (The Global Consumption Dataset (GCD) and The Global Income Dataset (GID)) making … possible an unprecedented portrait of consumption and income of persons over time, within and across countries, around the … world. The current benchmark version of the dataset presents estimates of monthly real consumption and income for every …

Consumption taxes are often considered as the most anti-redistributive component of the tax system. Yet, very few … estimates, and fewer international comparisons of the redistributive impact of consumption taxes exist in the literature, due to … the regressivity of consumption taxes for a large panel of countries and years. We propose a new method for imputing …