Handbook of US Consumer Economics

Andrew Haughwout, Benjamin Mandel

• Publisher: Academic Press
• Year: 2019
• Print ISBN:
  9780128135242
• eBook ISBN:
  9780128135259
• Topic: Économie
• Subtopic: Microéconomie

Handbook of U.S. Consumer Economics presents a deep understanding on key, current topics and a primer on the landscape of contemporary research on the U.S. consumer. This volume reveals new insights into household decision-making on consumption and saving, borrowing and investing, portfolio allocation, demand of professional advice, and retirement choices. Nearly 70% of U.S. gross domestic product is devoted to consumption, making an understanding of the consumer a first order issue in macroeconomics. After all, understanding how households played an important role in the boom and bust cycle that led to the financial crisis and recent great recession is a key metric. - Introduces household finance by examining consumption and borrowing choices - Tackles macro-problems by observing new, original micro-data - Looks into the future of consumer spending by using data, not questionnaires

Table of contents

• Cover image
• Title page
• Table of Contents
• Copyright
• Contributors
• Preface
• Chapter 1. Empirical analysis of the US consumer: fact, fiction, and the future
• Chapter 2. Handbook of the consumer chapter: trends in household debt and credit
• Chapter 3. Trends in household portfolio composition
• Chapter 4. Household debt and recession in Brazil
• Chapter 5. Rationality in the consumer credit market: choosing between alternative and mainstream credit
• Chapter 6. How do consumers respond to real income shocks?
• Chapter 7. Spending to and through retirement
• Chapter 8. Are millennials different?
• Chapter 9. China's consumer spending e-commerce: facts and evidence from JD's festival online sales
• Chapter 10. Consumer expectations and the macroeconomy
• Chapter 11. Macro forecasting using alternative data
• Chapter 12. Regional price parities in the United States
• Chapter 13. Measuring prices and real household consumption of medical goods: service-based versus disease-based approaches
• Chapter 14. A brief history of the supplemental poverty measure
• Index