The present paper tests for the existence of multicointegration between real per capita private consumption expenditure … income and consumption expenditure on the one hand, and the stock of consumers' wealth, which can be considered as cumulative … multicointegrating relations and find supporting evidence for the existence of multicointegration in US consumption data. …

This paper elucidates the influence of stock market volatility on U.S. consumption using pooled mean group (PMG … market volatility on consumption are robust to the lag order, lag selection criteria, and outliers compared with the mean … group (MG) and the dynamic fixed effect (DFE) methods. I find that stock market volatility reduces total consumption …

In this paper, we estimate the behavior of private consumption in Cote d’Ivoire under the permanent income hypothesis … consists of real household consumption, real gross domestic product, and the real interest rate on deposits. The empirical … credits. In addition, private consumption can be increased through income or consumption tax reductions. …

The present paper tests for the existence of multicointegration between real per capita private consumption expenditure … income and consumption expenditure on the one hand, and the stock of consumers' wealth, which can be considered as cumulative …

sectors and over time in order to examine how household consumption responds to different types of positive income shocks … (regular tranches versus lump-sum payments). Focusing on single-earner households, we find evidence of consumption smoothing in … accordance with the Permanent-Income Hypothesis, since total and food consumption do not exhibit excess sensitivity to …

sectors and over time in order to examine how household consumption responds to different types of positive income shocks … (regular tranches versus lump-sum payments). Focusing on single-earner households, we find evidence of consumption smoothing in … accordance with the Permanent-Income Hypothesis, since total and food consumption do not exhibit excess sensitivity to …

We measure the response of household consumption of different income groups to social spending during the 2002 …

In this paper, an econometric model of consumption in Bulgaria for the period 1997-2005 is constructed. The Error …-Correction Model (ECM) approach is employed and long-run relationship between household consumption and income was found. The primary … purpose of this empirical paper is to get a better understanding of the factors driving household consumption in Bulgaria and …

models, unit root tests, cointegration test, volatility models (ARCH, GARCH, ARCH-M, GARCH-M, Taylor-Schwert GARCH, GJR …, TARCH, NARCH, APARCH, EGARCH) to analyze quarterly time series of GDP and Government Consumption Expenditures & Gross …

constrained. Consumption growth rate for these individuals is related to the growth rate of their income and the level of real …