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The consumer durable market is experiencing a huge change over time which is why the Indian Brand Equity Foundation Report (2015), forecasts the Indian consumer durable market to reach the fifth position in the world by 2025. In the consumer durable market, consumer’s behaviour for adoption of...
Persistent link: https://www.econbiz.de/10013239217
The aim of the paper is the analysis of the household use of durables in Poland and other European countries …. Relatively, the highest amount of money for household furnishing with durables was spent by the Bulgarians and the Italians (more … than 7% of the total household expenses). In Poland, the highest expenditure occurred for the wealthiest households and …
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When the zero lower bound on nominal interest rate binds, monetary policy makers may lack traditional tools to stimulate aggregate demand. We investigate whether "unconventional" fiscal policy, in the form of pre-announced consumption tax changes, has the potential to meaningfully shift durables...
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Monitoring of poverty indexes and structure of household expenditures is one of diagnostic and warning tool for social …
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We study the cyclical dynamics of consumption in the euro area (EA) and the large EA countries by distinguishing durable from nondurable expenditures. We adopt a theoretical partial equilibrium framework to justify the identification strategy of our empirical model, a time-varying parameter...
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