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House prices have risen quite sharply since 2000. Coming on the heels of a stock market crash, many analysts have raised the specter of collapse in house prices and have conjured up dire consequences from such a collapse. This article examines the extent of the house price rise, whether there...
Persistent link: https://www.econbiz.de/10005620161
Like many other countries, aggregate consumption constitutes a major portion of Gross Domestic Product (GDP) in … Pakistan. Consumption decisions determine savings decisions. In long term growth literature, differences in long term growth … consumption models in the literature for their empirical verification taking macro level data for Pakistan economy. These include …
Persistent link: https://www.econbiz.de/10011258849
. I find potent support in favor of nonhomotheticity in aggregate consumption data, with nondurable goods being …
Persistent link: https://www.econbiz.de/10009220097
This paper primarily aims to capture the changing patterns of consumption expenditure of three broad classes, namely … differences in consumption of necessaries across classes decline more the economy grows, this paper argues that there had been … medical services the consumption expenditure in real terms is showing trends of a widening gap between the upper and the …
Persistent link: https://www.econbiz.de/10009418507
This is a short survey on consumption theory. Consumption is important to both fluctuation and growth. In addition …, consumption introduces some important issues involving financial markets and portfolio decisions. We will describe consumption … interaction between consumption decisions and portfolio choice is investigated in the third part of the paper. …
Persistent link: https://www.econbiz.de/10009647429
Joining the European Union big opportunities in the international markets have opened for Latvia. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. Latvia's incoming in EU increased the amount of received means from structural...
Persistent link: https://www.econbiz.de/10009367975
In what follows various econometric technique is applied to determine the source of consumption growth with historical …
Persistent link: https://www.econbiz.de/10008490091
This paper uses a unique survey questionnaire to assess the impact of the 2002 French tax cut on consumption. I find … constraints on consumption in that context. …
Persistent link: https://www.econbiz.de/10008497686
The detection and measurement of the level of persistence on aggregate and disaggregate private consumption in Italy … consumption in the three countries, even though each one displaying different levels of persistence. In particular, durables … are currently being implemented to overcome the current economic crisis. Persistence in consumption does exist and cannot …
Persistent link: https://www.econbiz.de/10008498480
-term forecasting of real private consumption expenditures in Poland. A consumer sentiment index and as well balances for individual … WSE) were used in the paper. This is one of the first attempts to model private consumption using RIED consumer survey … investigation of predictive relationship between CTS results and real private consumption was done by using in-sample and out …
Persistent link: https://www.econbiz.de/10008476371