There is vast literature examining how households’ income and consumption change over the life cycle. These studies … investigating the life cycle profiles and relative income mobility in a transition economy, facing rapid structural economic and … social changes, such as Poland. I show that, in contrast to the US, where income inequality over the life cycle follows a …

There is vast literature examining how households’ income and consumption change over the life cycle. These studies … investigating the life cycle profiles and relative income mobility in a transition economy, facing rapid structural economic and … social changes, such as Poland. It is shown that, in contrast to the US, where income inequality over the life cycle follows …

consumption, controlling for demographics, cohort and time effects. In addition to documenting profiles for total and nondurable … consumption, we devote special attention to the age expenditure pattern for consumer durables. We find hump-shaped paths over the … that households do not smooth consumption over their lifetimes. This is especially true for services from consumer durables …

repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable life … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in … consumption inequality did not increase much over this period. Our results support the view that many permanent changes in income …

income and consumption in panel data. I examine Blundell, Pistaferri and Preston (2008) as an important example for which … resolves the dissonance between the low partial consumption insurance estimates of Blundell, Pistaferri and Preston (2008) and …

second is a study of the transmission of income shocks to household consumption. …A major difficulty faced by researchers who want to study the consumption and savings behavior of households is the … alternative approach is to use the accounting identity that total household spending is equal to income plus capital gains minus …

repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable life … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in … consumption inequality did not increase much over this period. Our results support the view that many permanent changes in income …

repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable life … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in … consumption inequality did not increase much over this period. Our results support the view that many permanent changes in income …

repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable life … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in … consumption inequality did not increase much over this period. Our results support the view that many permanent changes in income …