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Adam Smith’s modes of social organization
Elliott, John E.; Peters, John E.; Motamedi, Farideh - In: International Journal of Social Economics 28 (2001) 5/6/7, pp. 591-599
In this paper, we analyze power in five modes of social organization, as can be found in Adam Smith’s An Inquiry into the Nature and Causes of the Wealth of Nations. Specifically, we analyze Smith’s presentations of pre‐capital accumulation and private appropriation of land; feudalism; a...
Persistent link: https://www.econbiz.de/10014805046
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The housing wealth effect on consumption reconsidered
Lindner, Fabian - 2014
Much of the literature on the effect of housing wealth on consumption has been embedded in a simple life-cycle model in … changes in consumption. However, this might constitute a fallacy of composition. Such models ignore that changes in housing … the classic Ando-Modigliani consumption function augmented by housing wealth can be deduced. It is shown that the deeper …
Persistent link: https://www.econbiz.de/10010337472
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Inequality in 3-D : income, consumption, and wealth
Fisher, Jonathan; Johnson, David S.; Smeeding, Timothy M.; … - In: Review of income and wealth 68 (2022) 1, pp. 16-42
Persistent link: https://www.econbiz.de/10013168314
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Wealth, credit conditions, and consumption : evidence from South Africa
Aron, Janine; Muellbauer, John - In: The review of income and wealth : journal of the … 59 (2013), pp. 161-196
Persistent link: https://www.econbiz.de/10010211161
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Estimating consumption in the HFCS : experimental results on the first wave of the HFCS
Lamarche, Pierre - 2017
In this paper, we estimate consumption in the first wave of the Eurosystem Household Finance and Consumption Survey for … a subset of countries that account for around 85% of the aggregate final consumption expenditure of households in the … questions on consumption asked to households participating in the survey and information on consumption collected in the …
Persistent link: https://www.econbiz.de/10011664054
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Analyzing the effects of financial and housing wealth on consumption using micro data
Caceres, Carlos - 2019
, and total net worth) on consumption. The study uses longitudinal household-level data?from the Panel Study of Income …
Persistent link: https://www.econbiz.de/10012022025
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Housing wealth appreciation and consumption : evidence from China
Peng, Changyan; Qiu, Weisong; Song, Quanyun; Huang, Bihong - In: Journal of the Asia Pacific economy 24 (2019) 4, pp. 556-577
Persistent link: https://www.econbiz.de/10012206278
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Developments in income and consumption across household groups
Beckers, Benjamin; Clarke, Ashwin; Gao, Amelia; James, … - In: Bulletin / Reserve Bank of Australia (2024), pp. 11-18
Persistent link: https://www.econbiz.de/10014526232
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Buffer-stock saving and households' response to income shocks
Fella, Giulio; Frache, Serafin; Koeniger, Winfried - 2017
information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …
Persistent link: https://www.econbiz.de/10011637578
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Buffer-stock saving and households' response to income shocks
Fella, Giulio; Frache, Serafin; Koeniger, Winfried - 2017
information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk … do not impose any model structure on the consumption process. This suggests that Italian households do not have access to …
Persistent link: https://www.econbiz.de/10011927992