"3rd of the month": do social security recipients smooth consumption between checks?

Article Abstract:

The consumption decision of households is not affected by predictable changes. However, the pattern of household consumption is based on the arrival of the normal income check. Thus some purchases will be made ahead of requirements whereas others will be postponed. A conclusion to this effect is arrived at based on the Consumer Expenditure Survey's Diary Survey on the Social Security checks recipients' consumption patterns.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Do consumers react to anticipated income changes? Evidence from Alaska Permanent Fund

Article Abstract:

The effect of additional income on the consumer's spending is analyzed. It is observed that if the anticipated additional income is not substantial, households do not change their spending pattern. A conclusion to that effect is drawn based on the study of payments from Alaska Permanent Fund.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code:

Jealousy and equilibrium overconsumption

Article Abstract:

The tendency of people to compare with their neighbours, friends and relatives and the consequent effect on consumption is discussed. A study examines the effect of this 'keeping up with Joneses' on consumption patterns is presented.

User Contributions:

Comment about this article or add new information about this topic:

Comment:  (50-4000 characters)

Name:

E-mail:

Security Code: