Handbook of US consumer economics / edited by Andrew Haughwout, Benjamin Mandel.
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Information About
Includes bibliographical references and index.
Title
Handbook of US consumer economics / edited by Andrew Haughwout, Benjamin Mandel.
Artist
Haughwout, Andrew, editor.
Subjects
Language
English
Type
Book
Abstract
"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."-- Provided by publisher.