This paper provides a unified framework in which to examine income and consumption tax revenue elasticities. In … addition, new results are established in relation to consumption taxes. These results help to provide a better understanding of …

Since Brown (1952), standard habit formation models of consumption have exclusively focused on non-durables and …

optimal consumption response for a small open economy to permanent and temporary shocks to the world rate of interest. Uzawa …

This paper estimates a simple consumption-smoothing model of the French current account, and examines its capacity to …

sta The Consumption Capital Asset Pricing Model (C-CAPM) is tested using data on equity prices in Jordan, Turkey, and … Pakistan over the period 1986-93. The analysis is carried out in two steps. The parameters of agents' dynamic consumption and …

Planning strategies that maximize the Human Development Index (HDI) tend towards minimizing consumption and maximizing … allocations for consumption, education, and health. Finally, we calculate our modified indexes for OECD countries and compare them …

This paper looks at the interaction between public and private consumption in Australia. The results show that there is … substitution between private and public consumption in the long-run and that in the short-run, changes to government consumption …

Since Brown (1952), habit formation models of consumption have assumed that memory loss is a univariate process. This … paper dispenses with this assumption to consider habit modification in consumption. A model is proposed where household … evidence presented shows that both household and consumer credit cointegrate with consumption expenditure and disposable income …