Sustainable consumption and the economic well‐being of American households
提出可持续消费作为衡量家庭经济福祉的综合指标，发现其锚定实际消费，并在大衰退后因资产回报下降而下降，同时分解显示应税收入贡献下降而社会保障上升，且存在种族和教育差异。
Abstract “Sustainable consumption” defines a comprehensive measure of household economic well‐being that integrates income, assets, debt, transfers, and rates of return to estimate a feasible lifetime consumption path. We find that sustainable consumption anchors actual spending, with deviations in one period adjusting back toward the sustainable level in subsequent periods. After the Great Recession, sustainable consumption fell more than actual consumption, in part due to lower real asset returns. Decomposing sustainable consumption into its components reveals primary support from taxable income, but its share has declined while Social Security's has grown. Substantial differences are also evident across race‐ethnicity and educational levels.