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-dataLooks into the future of consumer spending by using data, not questionnaires INDICE: 1. The Micro-dynamics of Personal Consumption Expenditures2. Trends and drivers of household debt financing3. Consumer expectations4. The young and the carless: the role of the business cycle and demographics in light vehicle sales5. Spending going into retirement6. How do consumers respond to real income shocks?7. Anatomy of the household balance sheet; implications for spending behavior8. Measuring economic well-being using consumer expenditures9. Consumer spending over the long-run10. Integration of micro- and macro-data11. Alternative approaches to consumer surveys12. The influence of globalization on consumer spending13. Harnessing big (consumer) data
- ISBN: 978-0-12-813524-2
- Editorial: Academic Press
- Encuadernacion: Rústica
- Páginas: 550
- Fecha Publicación: 01/08/2019
- Nº Volúmenes: 1
- Idioma: Inglés