This documentation describes the data preparation of the new consumption module in the German Socio-Economic Panel … time included a detailed consumption module in the household questionnaire. This documentation discusses several … between monthly and annual consumption information, missing values, and a high incidence of heaping. …

, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the …

The present paper tests for the existence of multicointegration between real per capita private consumption expenditure … income and consumption expenditure on the one hand, and the stock of consumers' wealth, which can be considered as cumulative … multicointegrating relations and find supporting evidence for the existence of multicointegration in US consumption data. …

consumption, aggregate wealth, and labour income should predict both stock returns and housing returns. We use quarterly data for … temporarily allow consumption to rise. Regarding housing returns, if housing assets are complementary to stocks, then investors … their consumption. …

deviations from the common trend among consumption, aggregate wealth, and labour income, cay, and focus on the implications for … future stock returns to be higher, they will temporarily allow consumption to rise. Regarding housing returns, if housing … substitutes consumption will be temporarily reduced. …

, smooth and stabilize consumption as well as minimize portfolio risk. In this context we also show how the correlation between …

in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a …

, especially for the future path of private consumption. Although they receive high attention in the media, their forecasting power …