The wealth possessed by households, identifiable as so-called net worth, varies greatly in quantity and form between … different socioeconomic contexts. We describe several forms of wealth typically owned by consumer households, considering their … economic and social effects. We analyze the economic role of the wealth forms that compose the households’ net worth (real and …

The wealth possessed by households, identifiable as so-called net worth, varies greatly in quantity and form between … different socioeconomic contexts. We describe several forms of wealth typically owned by consumer households, considering their … economic and social effects. We analyze the economic role of the wealth forms that compose the households’ net worth (real and …

economy displays an altruistic (Ramsey-like) equilibrium where consumption sustainability obeys the Stiglitz condition, and … restrictive, consumption and output grow faster than in Ramsey equilibria, but welfare is much lower. Results hinge on resource … dependence, as different depletion rates modify the intergenerational distribution of wealth and thereby the growth rate attained …

, the model predicts that household saving ratio can rise from 5% to 25% when the annual rate of income growth increases …

China's growth is characterized by massive capital accumulation, made possible by high and increasing domestic savings …. In this paper we develop a model with the aim of explaining why savings rates have been high and increasing, and we … investigate the general equilibrium effects on capital accumulation and growth. We show that increased savings and capital …

The aim of this paper is to analyze the cause and effect relationship between economic growth and savings in advanced … the existence of one-way casual relationship between gross domestic savings and gross domestic product in the case of … relationship between gross domestic product and gross domestic savings both in developed economies and developing and transition …

whether or not a household's total wealth is increasing with age. If total wealth is increasing (decreasing) with age, an …, the propensity to consume out of total wealth rises (declines), and the balanced growth rate declines (increases) when the …

investment subsidy can be useful in order to reduce consumption and to increase investment, growth, and welfare of the long …-run self. A consumption tax, perhaps surprisingly, is counterproductive. It induces individuals with limited self-control to …