Background: As per currently accepted methodology of national economic accounting, China's household consumption rate … two different measures of consumption, I compare the growth rate of China's household consumption with the growth rates of … demonstrate that China's household consumption is growing vigorously in terms of both real growth rates of per capita household …

fluctuations in household wealth have driven major swings in economic activity. This paper considers so-called wealth effects - the … impact of changes in wealth on household consumption and the overall macroeconomy. There is an extensive existing literature …The effect of wealth on consumption is an issue of longstanding interest to economists. Analysts believe that …