consumption (such as GDP, household incomes, household saving rates, household wealth, and employment conditions) in the Group of … private consumption has been due to the stagnation of household income and of household wealth and the relative stability of …In this paper, we present data on recent trends in private consumption and in possible determinants of private …

We use micro data on young married households from the Japanese Panel Survey of Consumers in order to analyze the … importance of borrowing constraints in Japan. We find (1) that 8 to 15 percent of young married Japanese households are borrowing …-constrained, (2) that household assets and the husband's educational attainment are the most important determinants of whether or not …

apparent that in equilibrium, households jointly determine consumption and broad money holdings both influenced by wealth as …In this paper we analyse household holdings of the broad monetary aggregate M3 in the euro area from 1991 until 2009 … provides insights that go beyond the portfolio allocation decision of households. According to our analysis, it is quite …