We study the effects of oil prices on consumption across countries and U.S. states, by exploiting the time-series and … positive effects on consumption in oil-importing economies, while depressing consumption in oil-exporting economies. We also …

Stock market wealth effects on the level of consumption in the United States economy have been constantly debated …

swings in saving by the rich must actually have played the most important role in the consumption boom-bust, since since the …