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Recent theoretical advances in consumption theory suggest that there may exist predictable consumption surges which, if … identify economic variables that might help improve the OECD?s forecasts for Germany?s consumption and GDP growth. …
Persistent link: https://www.econbiz.de/10010957443
Housing and pension wealth are shown to be important determinants of personal sector consumption and retirement … behaviour in the UK. Housing and state pension wealth have a positive effect on consumption, while private pension wealth … shown to be important. The consumption equation forecasts the late 1980s boom and the early 1990s slump in the UK better …
Persistent link: https://www.econbiz.de/10011071212
consumption development and thus average welfare of individual cohorts. The analysis is based on a Ramsey growth model and refers …
Persistent link: https://www.econbiz.de/10010985059
model is applied. Special focus is put on the consumption effects of population ageing and the potential to counter those by … capita consumption is among all demographic scenarios lower than without demographic changes. Permanent immigration can … retard the consumption decrease. Rising fertility even reinforces the decline of consumption in the examined period of time. …
Persistent link: https://www.econbiz.de/10010985064
Recent theoretical advances in consumption theory suggest that there may exist predictable consumption surges which, if … identify economic variables that might help improve the OECD's forecasts for Germany's consumption and GDP growth. …
Persistent link: https://www.econbiz.de/10005801327
model is applied. Special focus is put on the consumption effects of population ageing and the potential to counter those by … capita consumption is among all demographic scenarios lower than without demographic changes. Permanent immigration can … retard the consumption decrease. Rising fertility even reinforces the decline of consumption in the examined period of time …
Persistent link: https://www.econbiz.de/10004989378
consumption development and thus average welfare of individual cohorts. The analysis is based on a Ramsey growth model and refers …
Persistent link: https://www.econbiz.de/10004989384
Persistent link: https://www.econbiz.de/10010745818
Persistent link: https://www.econbiz.de/10010746297
In Part A of the present study, subtitled 'The Consumption Function as Solution of a Boundary Value Problem' Discussion … sufficient conditions for optimality of a plan generated by a logarithmic consumption function, i.e. a relation expressing log-consumption …
Persistent link: https://www.econbiz.de/10011170087