increase in real household consumption in the long run. Unemployment also depicted a rare positive relationship, and we … consumption in the United States (U.S.). Thus, the study used annual time series for data from 1990 to 2021. The study employed … household consumption in the U.S. For example, a one-unit improvement in e-commerce marketing results in a 0.72 per cent point …

investment-specific technology shock, affects the transformation of consumption into investment goods and is identified with the … broadly, the transformation of savings into future capital input. We find that this shock is the most important driver of U …