Effectively engine braking is a matter of applying carefully judged reverse loading to the engine. Change down at too high a road speed and the engine over revs - could be expensive. Change down at too low a speed and the effeect is minimal. Match engine revs to road speed and there is no engine braking. In most ordinary cars the engine braking effect, just by lifting off the accelerator, is fairly minimal. It is all a matter of experience and judgement. Using the brakes is just as effective and far cheaper in the long run.
On a supersports/hypersports motorcycle however, with its high revving high compression engine, the engine braking effect, just by closing the throttle, is very pronounced. I make a habit, on the bike, of just touching the rear brake to illuminate the rear light if throttling right down. The decrease in speed, just by closing the throttle, is so marked that a half asleep cage driver (the usual sort) can quite easily run into the back of the bike and claim 'Your brake lights weren't working' as if that is any excuse.
Ken.