This paper develops and examines a model of the relationship between consumption and environmental degradation, using … indicator of pollution. The time path of emissions and consumption are modelled within a dynamic framework, and the result is …

-2009. After testing five fiscal measures - government expenditure, consumption, investment, non-oil revenue, and non-oil primary …

sharing comes mostly from the convergence in rates of consumption growth among countries rather than from synchronization of … consumption at the business cycle frequency. Our finding explains why many existing measures fail to detect improved risk sharing …

We estimate consumption dynamics in the G-7 economies, paying particular attention to the possibility of precautionary … consumption growth. As such, consumption in the G-7 economies is unlikely to be the engine that revives global growth. Differences … in the pace and timing of consumption moderation have implications for the evolution of global imbalances. With the U …