The relationship between income and expenditure is often called a consumption schedule. It is used to describe economic trends in the household sector. When there is more money or anticipation of ...

We study the consumption response to typical labor income shocks and investigate how these vary by wealth and race. First, we estimate the elasticity of consumption with respect to income using an ...

Inthe first quarter of 2026, the nationwide per capita disposable income was 12,782 yuan, a nominal increase of 4.9% over the same period of the previous year, and a real increase of 4.0% after ...