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Wages and salaries represent the most important component of household disposable income. The aim of the article is to examine how the relationship between the shares of households' wages and final consumption expenditure in their gross disposable income has developed over the past 20 years. The...
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The purpose of this paper is to estimate the impact of capitalising durable goods on the Euro area household saving ratios and disposable incomes for the first time. The reason for this exercise is twofold. Firstly, it is generally accepted that individual households regard consumer durables as...
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The household debt-to-disposable income ratio in Canada increased from 110 per cent in 1999 to 127 per cent in 2007. This increase has raised questions about the ability of households to service their increased debt if faced with a negative economic or socio-economic shock. The debt service...
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