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International Evidence on Sticky Consumption Growth

Carroll, Christopher D. - 2008

We estimate the degree of 'stickiness' in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...

Persistent link: https://www.econbiz.de/10012464771

House prices, wealth and consumption : new evidence from Australia and Canada

Atalay, Kadir; Whelan, Stephen P.; Yates, Judith - In: The review of income and wealth : journal of the … 62 (2016) 1, pp. 69-91

Persistent link: https://www.econbiz.de/10011621692

The Wealthy Hand-to-Mouth

Kaplan, Greg - 2014

accounts). We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and …

Persistent link: https://www.econbiz.de/10012458591

A Comparison of Micro and Macro Expenditure Measures Across Countries Using Differing Survey Methods

Barrett, Garry - 2013

First, coverage of aggregate expenditure relative to national account is examined. Coverage rates are highest in Canada … and the UK. Over the past three decades coverage remained fairly stable in Canada and Australia; in the UK and US coverage … Australia, Canada, the UK and US. Cross-country and time series variation in survey methodology and experience is used to assess …

Persistent link: https://www.econbiz.de/10012459117

Aggregation Effects on Price and Expenditure Elasticities in a Quadratic Almost Ideal Demand System

Denton, Frank; Mountain, Dean C. - 2004

While it is well known that demand elasticities calculated at the macro level will in general differ from those calculated at the micro level because of aggregation effects, there remain the questions of how large the effects are and how they vary with the degree of inequality in the income...

Persistent link: https://www.econbiz.de/10014070754