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 …

the production and consumption decisions of the individual in one model. For each individual, it identifies the customers … customers. These relations deal with value (quantities and prices), payment (subsistence, barter, money, and bond) and …

high priority needs in the life, and smaller needs can be subsequent, for progressive happiness. Money cannot bring …

This paper studies the gain from using money as an indicator when monetary policy in made under data uncertainty. We … state of the economy. Money reveals some of the private sector’s information to the policymaker, especially if there is a … forward looking element in money demand. We show that observing money can considerably reduce the loss that is due to …

"This paper investigates how China's saving, investment, and saving-investment balance will evolve in the decades ahead …, cross-country empirical analysis shows that economywide saving and investment in China are higher than what would be … surplus. However, the potential effect on saving, investment, and the saving-investment balance of several policy adjustments …

"The author analyzes sectoral patterns of investment and saving in China-over time and compared with other countries …-to shed light on the factors driving high investment and on how saving is channeled into investment. The findings inform … growth and increasing the role of consumption. Third, long term saving prospects and the impact of financial sector and …

national saving using a panel of 43 industrial and developing countries. The authors find evidence suggesting that the … accumulation of pension fund financial assets might increase national saving when these funds are the result of a mandatory pension … program. By contrast, national saving might be unaffected when pension funds are the result of a public program implemented to …