{"product_id":"understanding-consumption-clarendon-lectures-in-economics","title":"Understanding Consumption (Clarendon Lectures in Economics)","description":"\u003cp\u003eThis book provides an overview of recent research on saving and consumption  a field in which substantial progress has been made over the last decade. Economists attempting to understand saving and consumption patterns have generated some of the best science in economics. For more than fifty years  there has been serious empirical and theoretical activity--never separating data  theory  and policy as has happened in many branches of economics. Research has drawn microeconomists interested in household behavior  as well as macroeconomists  for whom the behavior of aggregate consumption has always occupied a central role in explaining aggregate fluctuations. Econometricians have also made distinguished contributions  and there has been a steady flow of new methodologies by those working on saving and consumption  in time-series econometrics  as well as in the study of micro and panel data. A coherent account of these developments is presented here  emphasizing the interplay between micro and the macro  between studies of cross-section and panels  and those using aggregate time series data.\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":44965398609973,"sku":"ByrdShop_0198288247","price":71.78,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780198288244.jpg?v=1770495407","url":"https:\/\/atxbooks.com\/products\/understanding-consumption-clarendon-lectures-in-economics","provider":"ATX Books","version":"1.0","type":"link"}