The objective of this paper is to shed light on mechanism which increases fluctuation in consumption of least developed … countries. In general large fluctuation in consumption makes consumers worse off. This fact suggests that accumulation of … knowledge on the generating mechanism of the large consumption fluctuation very likely contributes to welfare improvement of the …

Purpose – The paper aims to examine asymmetry in the cyclical behavior of private consumption in a sample of nine … agents' forecasts of macroeconomic fundamentals and, therefore, determine planned consumption. Unanticipated policy changes …, in contrast, determine cyclical consumption. Findings – The results indicate that fluctuations in private consumption are …

consumption of different key metals (aluminium, copper, lead, nickel, tin and zinc) and per capita income of some important … environmental Kuznets' Curve (EKC) model related to material consumption (and hence “renamed” as material Kuznets' Curve) could be …

This paper examines determinants of private consumption in a sample of developing countries. The empirical model … includes income, a proxy for the cost of consumption, and the exchange rate. Anticipated movements in these determinants are … likely to trigger adjustment in planned consumption, while unanticipated changes determine random transitory adjustment in …