We investigate the long run relationship between private consumption, disposable income and wealth approximated by … equity and house price indices for a panel of 15 industrialized countries. Consumption, income and wealth are cointegrated in … idiosyncratic level, a long run equilibrium is detected between consumption and income, i.e. the wealth variable can be excluded …

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

development, policies are directed to improve the role of private consumption. However, the institutional framework is an … consumption, especially in recent years. After controlling for different income levels, the average propensity to consume is … significantly lower for migrants, as their access to public services is limited. The downward pressure on consumption will increase …

pressure on the government to move to a more consumption-driven model of growth. Unfortunately, China's institutional framework … does little at the moment to spur household consumption. While the country's weak social security setup and highly … regulated financial markets are routinely cited as disincentives to private consumption, the role of the hukou household …

development, policies are directed to improve the role of private consumption. However, the institutional framework is an … consumption, especially in recent years. After controlling for different income levels, the average propensity to consume is … significantly lower for migrants, as their access to public services is limited. The downward pressure on consumption will increase …

development, policies are directed to improve the role of private consumption. However, the institutional framework is an … consumption, especially in recent years. After controlling for different income levels, the average propensity to consume is … significantly lower for migrants, as their access to public services is limited. The downward pressure on consumption will increase …

development, policies are directed to improve the role of private consumption. However, the institutional framework is an … consumption, especially in recent years. After controlling for different income levels, the average propensity to consume is … significantly lower for migrants, as their access to public services is limited. The downward pressure on consumption will increase …

development, policies are directed to improve the role of private consumption. However, the institutional framework is an … consumption, especially in recent years. After controlling for different income levels, the average propensity to consume is … significantly lower for migrants, as their access to public services is limited. The downward pressure on consumption will increase …

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