This paper investigates the impact of external price shocks on private consumption and investment and the sources of … structural shocks are identified: terms of trade, consumption, investment, real exchange rate and unemployment rates. The results … show, that both consumption and investment, respond positively and permanently to the external price shocks and are …

revision in consumption equal to the revision in permanent income. The empirical results confirm the latter prediction in a …

The document evaluates the importance of the credit market on consumption in Mexico. A test of the Permanent Income … that these are important determinants of consumption. In addition, the document finds that there exists transmission … mechanism of monetary policy, credit channel, for consumption. …

This article reconstructs the consumption of animal proteins in the city of Barcelona from the 1830s to the 1930s …, focusing on: (a) the circumstances that favoured the expansion of this consumption; and (b) the factors accounting for its … income and consumption has varied overtime, due to the increasing weight of the other variables included in the study. Second …