consumption and investment expenditures, as well as their broadly defined components, are examined. We also test for effects of … money on long run reallocations of consumption expenditures among durables, nondurables, and services. The time series …This paper tests for long run effects of money on real expenditures in the U.S. over the 1959-2002 period. Real …

are found not to equal zero and this in turns affects all estimates of consumption, labor supply and saving elasticities … profit function rationalizing consumption, labor supply and savings is specified, estimated and used to test commonly … maintained separability hypotheses. Both consumption- labor and time separability are rejected. Cross-price Frisch elasticities …

are found not to equal zero and this in turns affects all estimates of consumption, labor supply and saving elasticities. … profit function rationalizing consumption, labor supply and savings is specified, estimated and used to test commonly … maintained separability hypotheses. Both consumption- labor and time separability are rejected. Cross-price Frisch elasticities …

pt. I. Financial globalization and world money -- pt. II. Currency crises and bailouts -- pt. III. Growth and the …

The economics legacy of Albert Ando -- The age-saving profile and the life-cycle hypothesis -- Do capital gains affect … consumption? Estimates of wealth effects from Italian households' behavior -- Demographic changes, reforms to the social security …-affine structure, systematic risk sources and generalized duration -- The over-investment hypothesis -- Designing indexed units of …

The theme of this extensive book is the relationship between consumption and growth in the context of the long run … original framework for the analysis of consumption patterns as an element of growth in advanced market economies. The book … examines the role of demand with respect to the theory of structural change and the theory of consumption at both the micro and …

change in asset or portfolio return affects household’s consumption growth, using a sample of households from the Consumer … Expenditure Survey. Since changes in housing return can affect consumption of households over time, we investigate whether the … affects consumption growth, and housing is an important asset to account for in the household portfolio. …