The Organization of Consumption

No abstract available.

Consumption Asymmetry and the Stock Market: Further Evidence

This paper investigates the presence of asymmetric effects of stock returns on real consumption in the US. After identifying the asymmetric behavior for consumption as well as the wealth effect, the results confirm that stock returns have an asymmetric effect on real consumption, with negative 'news' affecting consumption more than positive 'news'.

Link between energy consumption per hour of activity and productivity of labour

The data set shows energy consumption per hour of work (in MJ/hour), and labour productivity (in USD/hour) in the PS economic sector (Energy & Mining + Industry + Construction) for the period 1970-2009 and for the following countries: Germany, Spain, USA, Canada, Italy, UK, France, Japan. The intention is to look at the relationship between energy consumption as a driver of improvements in the productivity of labour. This is of particular relevance for the discussion of reducing working time in the context of the 'degrowth' debate, as it is done in the article to which this data is a suplement.

Impact of seasonality-adjusted flexible microcredit on repayment and food consumption : experimental evidence from rural Bangladesh

The mismatch between credit repayments and income seasonality poses a challenge for microfinance institutions (MFIs) working in developing countries. For instance, in northern Bangladesh, income and consumption downfalls during the lean season after the transplanting of major paddy crops are a serious threat to a household's economy. Poor landless agricultural wage laborers suffer the most owing to this seasonality as they face difficulties in smoothing their consumption. However, in designing microcredit products, MFIs do not usually provide flexibility or seasonal adjustment during the lean season. This is mainly because MFIs are afraid that such flexibility might break the repayment discipline of borrowers, resulting in higher default rates. We thus conducted a randomized controlled trial in 2011-12 in northern Bangladesh to empirically test whether seasonality-adjusted flexible microcredit leads to an increase in repayment problems for MFIs as well as whether it can increase and stabilize consumption of borrower households. Our results suggest no statistically discernible difference among the treatment arms in case of default, overdue amount, or repayment frequency. On the other hand, we find no positive impact of repayment flexibility on immediate food consumption during the period of seasonality, except for in-kind full moratorium treatment group. After a year of initial intervention, however, we see positive changes in food intake during the lean season. Thus, our preliminary results are in favor of seasonality-adjusted flexible microcredit.

Relative Concerns on Visible Consumption: A Source of Economic Distortions

Do relative concerns on visible consumption give rise to economic distortions? We re-examine the question posited by Arrow and Dasgupta (2009) building upon their general framework but recognizing that relative concerns can only apply to visible goods (e.g., cars, clothing, jewelry) and that households consume both visible and non-visible goods. Contrary to Arrow and Dasgupta (2009), the answer to this question turns to be always affirmative: the competitive equilibrium will always be different than the socially optimal one, since individuals do not take into account the negative externality they exert on others through the consumption of the visible good, while the social planner does. If one invokes separability assumptions, then the steady state competitive equilibrium consumption of non-visible goods will be strictly lower than the socially optimal one.

Some policy implications of spatial variations in fuel consumption by manufacturing activities /

Paper presented at the Western Economics Association meetings, June 26, 1976.

A treatise on political economy; or, The production, distribution, and consumption of wealth.

Includes bibliographical references.

A treatise on political economy; or the production, distribution, and consumption of wealth.

This ed. first published 1834.

Domestic economy, and cookery : for rich and poor; containing an account of the best English, Scotch, French, Oriental, and other foreign dishes; preparations of broths and milks for consumption; receipts for sea-faring men, travellers, and children's food : together with estimates and comparisons of dinners and dishes ... /

Includes index.

Household food consumption patterns in the United States /

Issued Jan. 1979.

Family food consumption in the United States, spring 1942.

"Published as a part of the Study of family spending and saving in wartime, conducted by the Bureau of Human Nurition and Home Economics, Agricultural Research Administration, in cooperation with the United States Bureau of Labor Statistics."

Consumption of food in the United States, 1909-48.

Cover title.

A treatise on political economy : or, the production, distribution, and consumption of wealth /

Translation of Traité d'économie politique.

Lumber distribution and consumption.

Compiled by R.V. Reynolds and A.H. Pierson, Division of Forest Economics, Forest Service, U.S. Dept. of Agriculture, in cooperation with the U.S. Bureau of the Census and the Canada Dominion Bureau of Statistics, Forest Products Branch.

Supplement for 1949 to Consumption of food in the United States, 1909-48.

Cover title.