finance and consumption. Given the breadth of the topic, it focuses on issues that are particularly relevant for policy …, namely i) wealth effects on consumption, ii) housing prices and household indebtedness, iii) retirement income, consumption … and pension reforms, iv) access to credit and credit constraints, v) financial innovation, consumption smoothing and …

The aim of this paper is to model consumption behavior of Swedish, Danish and Japanese households. Since stationarity … results. Appropriate differencing is applied, since consumption and income exhibit a common positive trend. Consumption and …

are household equivalent disposable in-come, household consumption, and wealth. Subsequently we use the Income and …, consumption, and wealth. Generally, we find that these three concepts tell different stories about the level of inequality and its … income and income more une-qually than consumption. …