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Alan S. Blinder, Princeton University There has been a veritable explosion of econometric work on consumption in recent years ... Angus Deaton has been behind some of it and is on top of all of it. There is no better way to get up to date.
"Understanding Consumption is a masterful exposition ... not only adding to our understanding of the real world, but also revealing the excitement of the intellectual chase." Stanley Fischer
Economica One of the many attractive features of this volume is the interplay between time-series analysis and individual data processes ... Deaton has not only provided an insightful analysis of what has been done but has also laid out a tantalizing research agenda.