Objective: The objective of the article is to examine the causality between material well-being indicators of all the EU-27 countries and sustainable consumption behaviour indicators of the corresponding consumers. The authors assumed that the material well-being construct is determined by net...

This paper develops a comprehensive measure of household economic well-being. The "sustainable consumption" concept accounts for income, assets, debt, transfer payments, and asset returns to estimate a consumption path that balances resources with expenditure over a household's lifetime....