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I study the joint dynamics between the US wealth share, the dollar and the global economy. I uncover three novel … stylised facts about these joint dynamics. Firstly, the US wealth share is countercyclical: it falls on impact but subsequently … rises over the course of global recessions. Secondly these wealth share dynamics are driven by the relative outperformance …
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-labelling Strategy -- Chapter 11. ‘Take a Stand’: The Importance of Social Sustainability and Its Effect on Generation Z Consumption of … Encourage Sustainable Luxury Fashion Consumption./. … of which can be linked to the broader theme of SDG12: Responsible Production and Consumption. Thus, the book not only has …
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the aggregate consumption to income ratio. By standard intertemporal budget constraint logic, this ratio is linked to … expectations of future income and consumption growth rates. We investigate whether these expectations suffice to explain the shifts … in the consumption-income ratio that occur during disaster periods or whether, on the other hand, consumers become more …
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