It is sometimes argued that more advertising raises consumption which in turn stimulates output and so economic growth … advertising does not Granger-cause growth but Granger-causes consumption. Consumption, in turn, Granger-causes GDP growth. The … data imply that the immediate impact of more advertising on consumption is positive. However, the long-run effect is …

bywidening top income inequality, rising private savings and compressed consumption rates.Rising corporate profits in an …

that household consumption drops after a child moves out of a household, while at the same time, per capita consumption …

Based on the German Socio-economic Panel (SOEP), we show that household consumption drops and saving rises … significantly within four years after a child moves out of a household. Per capita consumption of parents is approximately leveled … up to that of childless peers after all children are gone. We conclude with respect to the adequacy of saving rates that …

I examine the impact of happiness on consumption and savings behavior using data from the DNB Household Survey from the …

and consumption aggregates. For example, changes in the population composition induced by demographic change or shifts in … and services. Socio-economic information should hence be consid-ered when modelling private consumption demand. This …-economic consumption module includes detailed information on consumption purposes and income components from the German Household Budget …