Each year, starting with 1948, the Social Security Administration has prepared an annual summary of the extent to which voluntary health insurance is enabling the population of the United States to budget its medical care expenditures. The methodology originally developed has been consistently applied each year, although refinements and improvements have been made in the data. This year the ser...

We find that lottery tax windfalls finance higher state-government expenditures on supplemental security income that increase consumption, but only during bust periods. Wealth transfers from lottery winners to low income households enable fiscal policy to stabilize consumption during bust periods. © 2015 Elsevier B.V. All rights reserved. Measuring the impact of government fiscal policy on cons...

Consumption is one of the key concepts in economics due to its animate connections with GDP, savings, and utility. The current study aims analyse relationship between household consumption expenditures some characteristics Turkey through Household Budget Surveys TurkStat for years 2002 2018. With implementation quantile regression estimations, it shown that disposable income emerges as a very i...

This paper investigates the impact of government size on economic growth in selected economies of the MENA countries by using a non-linear panel data approach over the period 1990-2011. The estimation results of Panel Smooth Threshold Regression model show that when the level of government consumption is very large, the positive impact of labor force on growth is intensified. On the other hand,...

In this paper, I survey the recent literature on the behavior of consumption as households transition to retirement. A large literature has emerged showing a “retirement consumption puzzle”a sharp decline in expenditures as households transition into retirement. However, after aggregating the results of the literature, I show that the “retirement consumption puzzle” is a misnomer. The only cate...