Consumption is the largest component of GDP. Since the 1950s, the life cycle and the permanent income models have … constituted the main analytical tools to the study of consumption behaviour, both at the micro and at the aggregate level. Since … the literature to estimate preferences is the lack of a ‘consumption function’. A challenge for future research is to use …

We use 1995, 2002 and 2013 CHIP data to investigate the urban household consumption expenditure inequality. The overall … inequality of urban household consumption expenditure measured by Gini coefficient slightly decreases from 0.33 in 1995 to 0 …, the percentile ratio of p90/p10 shows that consumption inequality increases all the time. Besides, the inequality of basic …

, and total net worth) on consumption. The study uses longitudinal household-level data?from the Panel Study of Income …

article provides a nuanced take on consumer credit by exploring the interaction between consumption, borrowing, and class … idea that borrowing is undertaken mainly for conspicuous consumption, the article's findings show that middle- income … families in Chile borrow to consume 'ordinary' goods. Through the consumption of these goods, the Chilean middle classes seek …