Clausen, Volker; Schürenberg-Frosch, Hannah - In: Intereconomics : review of European economic policy 47 (2012) 3, pp. 190-196
Experience after the establishment of EMU shows that the behaviour of private consumers differs considerably among member countries and that average and marginal propensities to consume are fairly heterogeneous. In particular, there are clear differences between Germany and the rest of the euro...
