"smooth consumption" is correct and usable in written English.
You can use it to generally describe something that has been consumed or used easily or without interruption. For example, "Their smooth consumption of the entire three-course meal was a sight to behold."
Microloans are often used to "smooth consumption" — tiding a borrower over in times of crisis.
For some, higher rates of debt are appropriate in order to smooth consumption and, ultimately, increase welfare.(Photo credit: AP).
Borrowing is not always bad: it can improve economic efficiency by allowing people to smooth consumption over their lifetime.
According to the standard "life-cycle" theory, people vary their saving rate over their lives in order to smooth consumption.
"It's one of the reasons you've seen the general economy continue to perform, which is good in that it's another way for households to smooth consumption".
The purpose of saving is to smooth consumption over time, or at least to avoid a large unforeseen drop in it.
The task of smoothing consumption is made more complicated if there is nowhere to store money safely.
The authors insist that the first pillar is conceptually different from the second and third: the state safety-net provides an insurance against old-age poverty, whereas individual saving is a way of smoothing consumption over a lifetime.
In this sense, the authors suggest that remittances were countercyclical and served the purpose of smoothing consumption.
To compute EAOC we solve the dynamic optimization problem in period zero to find the optimal smoothed consumption path.
This smoothed consumption sum is ε-differentially private, if the Laplacian noise is set in the right manner.
