After the Crisis : Lower Consumption Growth But Narrower Global Imbalances? /
We estimate consumption dynamics in the G-7 economies, paying particular attention to the possibility of precautionary behavior in the face of uncertainty. We find that in the short run, continued income uncertainty will significantly dampen consumption growth. As such, consumption in the G-7 econom...
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| Médium: | Časopis |
| Jazyk: | English |
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Washington, D.C. :
International Monetary Fund,
2010.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2010/011 |
| On-line přístup: | Full text available on IMF |