Consumption is the largest component of GDP. Since the 1950s, the life cycle and the permanent income models have … constituted the main analytical tools to the study of consumption behaviour, both at the micro and at the aggregate level. Since … the literature to estimate preferences is the lack of a ‘consumption function’. A challenge for future research is to use …

This short essay surveys recent literature on the competitive saving motive and its broader economic implications. The … competitive saving motive is defined as saving to improve one's status relative to other competitors for dating and marriage …

(temporal framing) regarding an imminent positive income shock affects consumption plans. The income shock derives from the … yearly and 10-yearly treatment groups. We will be able to analyze the real consumption behavior of households throughout 2021 …

affects the consumption loans more compared to the investment loans. Besides, increased consumption compared to saving has …This study aims to analyze the Keynes' investment and saving model in Indonesia from 1981 to 2018. The researchers use … demonstrates that there is no short-run causal relationship between these two variables. In the short-run, the increase in saving …

women) can help explain measurable outcomes such as marriage formation, intra-marriage distribution of consumption goods …

It is sometimes argued that more advertising raises consumption which in turn stimulates output and so economic growth … advertising does not Granger-cause growth but Granger-causes consumption. Consumption, in turn, Granger-causes GDP growth. The … data imply that the immediate impact of more advertising on consumption is positive. However, the long-run effect is …