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Handbook of US Consumer Economics

  • 1st Edition - August 12, 2019
  • Editors: Andrew Haughwout, Benjamin Mandel
  • Language: English
  • Paperback ISBN:
    9 7 8 - 0 - 1 2 - 8 1 3 5 2 4 - 2
  • eBook ISBN:
    9 7 8 - 0 - 1 2 - 8 1 3 5 2 5 - 9

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 re… Read more

Handbook of US Consumer Economics

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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.