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In this paper, I examine the spatial correlation of wages, employment, and consumer purchasing power across U.S. counties to see whether regional product-market linkages contribute to spatial agglomeration. First, I estimate a simple market-potential function, which is a reduced form for several...
Persistent link: https://www.econbiz.de/10005551405
-2004 period. Real consumption and investment expenditures, as well as their broadly defined components, are examined. We also test …
Persistent link: https://www.econbiz.de/10005623388
We present theoretical and empirical results on consumption during an enmployment spell. …
Persistent link: https://www.econbiz.de/10005478377
We study the impact of a minimum consumption requirement on the rate of economic growth and the evolution of wealth …
Persistent link: https://www.econbiz.de/10005566229
level of the developing country is uncertain. In the empirical part, a panel data analysis shows that real consumption level …
Persistent link: https://www.econbiz.de/10010561909
This paper observes the Turkish household’ consumption data to see whether it follows random walk or not. The quarterly … Turkish consumption pattern. …
Persistent link: https://www.econbiz.de/10008560486
During the last decade most western economies have experienced large and unexpected fluctuations in consumption and … savings. The purpose of this paper is to provide additional insights into the individual household's consumption decision and … thereby increase the knowledge of what governs these important macro variables. A consumption equation is estimated on Swedish …
Persistent link: https://www.econbiz.de/10005669545
Persistent link: https://www.econbiz.de/10005670058
Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality trends and find that … transitory income shocks. The response of consumption to permanent and transitory income shocks becomes weaker later in the …
Persistent link: https://www.econbiz.de/10008487511
. Further, while during earlier parts of our sample both a slowdown in consumption and investment growth contribute to a … decomposition for consumption growth shows that the contribution of stock market volatility becomes negligible as we go from earlier …
Persistent link: https://www.econbiz.de/10009371360