breaks, the study finds evidence of a cointegration relation between the government revenues and spending. The results did …

negative long run relationship between the share of public consumption on GDP and the current account balance. As expected, the … variation of real public consumption produces an adverse accumulated response on the current account balance. Finally, the …

of tax changes on consumption and savings; and 4) the effect of tax changes on labour market activities. …

Using VAR analysis on US data, we show that unanticipated fiscal expansions boost private consumption and business … crowding-in of both consumption and entry can be generated only under very specific assumptions. In a static model with full … such that future profits are high enough to generate entry. However, consumption falls for conventional parameter values …

We empirically assess whether a usually expected negative response of private consumption and private investment to a … HP-based; and iii) the Hamilton (2018)-based. We find that: i) increases in government consumption have a Keynesian … effect on real per capita private consumption; ii) there is a positive effect of tax increases on private consumption when …

We review early evidence on how household consumption behavior has evolved over the pandemic and how different groups …

marginal utility of consumption of nondurable goods and services to the marginal utility of consumption of services from … long-run relationship between components of private consumption and public expenditure is then postulated. The application … of cointegration analysis to U.K. data supports the existence and uniqueness of such a long-run relationship, and …