We estimate consumption dynamics in the G-7 economies, paying particular attention to the possibility of precautionary … consumption growth. As such, consumption in the G-7 economies is unlikely to be the engine that revives global growth. Differences … in the pace and timing of consumption moderation have implications for the evolution of global imbalances. With the U …

is Japan's saving behavior, the second is the remarkable swing in asset prices that occurred in the late 1980s and early …

Consumption Survey (HFCS), which is conducted by the European Central Bank. We find that the rank ordering of saving motives …In this paper, we analyze the saving motives of European households using micro-data from the Household Finance and … most important saving motive of European households when the proportion of households saving for each motive is used as the …