Unequal consumption sharing within households is well-documented. However, there is limited evidence on the stability of within-household inequality over time. We combine a collective household model with consumption survey data spanning 24 years to study the evolution of within-household...

We study the evolution of consumption expenditure and its distribution over the life-cycle. We estimate age and cohort effects relying on household-level consumption survey data, reaching several conclusions. First, we find significant differences in durable and nondurable life-cycle consumption...

The cost-of-living crisis has increased attention on consumption and how it differs for particular societal groups. There is much theoretical evidence that consumption patterns of men and women should differ, but the empirical evidence is scant, due in part to the availability of...

The quest for social status is usually considered one of the main drivers of the demand for consumer credit. This article provides a nuanced take on consumer credit by exploring the interaction between consumption, borrowing, and class identity. To do so I pursue a cultural class analysis...

This paper focuses on whether households facing economic scarcity tend to change consumption priorities as measured by the share of spending on necessity goods relative to luxury goods in a large national supermarket chain in Israel for the years 2011-2018. Based on detailed weekly revenue data...

Mozambique is highly vulnerable to climate change. It faces frequent cyclones, floods, and droughts while having limited revenue collection capacity and social protection programmes. This paper assesses the distributional effects of climate shocks on household consumption and explores adaptation...

Earnings uncertainty is central to most heterogeneous-household models. Yet, there is surprisingly little evidence on how subjective uncertainty is related to consumption behavior. Using unique data from the Survey of Consumer Expectations, we show that the marginal propensity to consume (MPC)...

Earnings uncertainty is central to most heterogeneous-household models. Yet, there is surprisingly little evidence on how subjective uncertainty is related to consumption behavior. Using unique data from the Survey of Consumer Expectations, we show that the marginal propensity to consume (MPC)...

This paper investigates the effects of minimum wage increases on household consumption, focusing on Spain's 2019 minimum wage increase, which raised the floor on wages by an unprecedented 22.3% in a low-inflation environment. Leveraging high-frequency, confidential transaction data from...

Large-scale debt forbearance is a key policy tool during crises, yet targeting is challenging due to information asymmetries. Using transaction-level data from a Portuguese bank during COVID-19, we find that financially fragile households are more likely to enter forbearance, irrespective of...

This paper investigates the welfare effects of two types of pension reforms aimed at addressing challenges due to aging populations. The study uses a framework by Kolsrud et al. (2024), decomposing welfare into consumption smoothing and fiscal externality effects. Norwegian administrative data...

This paper examines how money growth affects personal consumption using Divisia monetary aggregates. Using monthly U.S. data from 2000 to 2023, we find that changes in Divisia M4 significantly predict personal consumption expenditure, with a lag of three months. A 1% increase in Divisia M4 is...

The objective of this study is to analyse the relationship between tourist attitudes towards waste generation in Slovakia and their corresponding behaviours. With an increasing emphasis on environmental responsibility, understanding the behaviours and beliefs of tourists concerning waste...

This paper investigates the effect of partner unemployment on individual physical health. Using data from two nationally representative Italian surveys of households and employing partial identification to address endogenous selection into unemployment, we show that the impact of partner...

Consumption taxes are a crucial revenue source for EU Member States, yet they also potentially have non-negligible impact on income distribution. The EU's tax-benefit microsimulation model, EUROMOD, has recently been extended to simulate consumption taxes (CT) across all 27 EU countries allowing...

This study assesses the impact of interest rates on consumption, focusing on how changes in the housing and financial markets implicate consumer spending habits. It addresses how interest rates alter foreign consumption, therefore how imports implicate the consumption of domestic products. While...

We examine the relationship between household incomes and the biodiversity footprints of consumption in the United States from 1996 to 2022. Combining detailed household expenditure surveys with environmentally-extended multi-regional input-output accounting methods, we calculate...

We exploit Germany's temporary three-percentage-point VAT cut in the second half of 2020 to study the spending response to unconventional fiscal policy. We use survey and scanner data on household consumption expenditures and their perceived pass-through of the tax change into prices, and a RANK...

The literature on growth in economics encompasses two main facets of thinking: the applicability of diminishing productivity of capital, as has been in the neoclassical growth model with exogenous technological progress, and the applicability of non-diminishing productivity of capital, as has...

Energy efficiency potentially reduces global carbon emissions, whereas the need of emerging countries to maintain economic growth and development entails a sharp increase in energy consumption. However, to meet this, current energy systems need to be transformed. Several studies find different...

Das Statistische Bundesamt erforscht seit 2020 Passantenfrequenzdaten für die amtliche Statistik. Ziel ist unter anderem, aus den hochfrequenten Zeitreihen einen Konjunkturfrühindikator zu entwickeln, der die wirtschaftliche Situation im lokalen Einzelhandel und im Gastgewerbe am aktuellen...

Consumers often exhibit behavioral cycles with alternating abstinence and indulgence over time. In the framework of tempting good consumption under limited willpower, we develop a simple model of the self-control cycles. To do so, based on the empirically relevant property of self-control, we...

In this paper, we discuss bequests and other intergenerational transfers and what impact they have on the consumption, saving, and labor supply behavior of households. We show that bequests and other intergenerational transfers are prevalent in most countries, that they are sometimes motivated...

We demonstrate that higher income enhances the enjoyment individuals derive from leisure. This effect cannot be explained by diminishing marginal utility of leisure time or systematic differences in leisure activities across income groups. Instead, we show that this is largely attributable to...

This paper examines whether biased income expectations due to overconfidence lead to higher levels of debt taking. We show suggestive evidence for a link between overconfidence and borrowing behavior in a representative survey of German households (German Socio‐Economic Panel–Innovation...

Using household survey data on expenditures and incomes, we construct an objective measure of corruption in the public sector for a broad spectrum of countries. Specifically, we focus on the consumption-income gap for public sector workers relative to private sector workers to gauge the extent...

Understanding how household decisions react to economic shocks is important for effective policy design. Using detailed individual consumption data, we investigate how household consumption responds to unexpected inheritance realizations within an inter-temporal collective framework....

Using household survey data on expenditures and incomes, we construct an objective measure of corruption in the public sector for a broad spectrum of countries. Specifically, we focus on the consumption-income gap for public sector workers relative to private sector workers to gauge the extent...

Das Statistische Bundesamt erforscht seit 2020 Passantenfrequenzdaten für die amtliche Statistik. Ziel ist unter anderem, aus den hochfrequenten Zeitreihen einen Konjunkturfrühindikator zu entwickeln, der die wirtschaftliche Situation im lokalen Einzelhandel und im Gastgewerbe am aktuellen...

Understanding how household decisions react to economic shocks is important for effective policy design. Using detailed individual consumption data, we investigate how household consumption responds to unexpected inheritance realizations within an inter-temporal collective framework....

This paper connects classical preference theory to quantitative job search and savings models. We treat job acceptance as a choice between stochastic income lotteries. By integrating Decreasing Absolute Risk Aversion (DARA) and Prudence (DAP), we derive five contributions. First, we prove the...