It's Not All Fiscal : Effects of Income, Fiscal Policy, and Wealth on Private Consumption /
We attempt to disentangle income and wealth effects on consumption by disaggregating both the different types of income and wealth. We estimate a consumption function for a panel of quarterly data for 14 advanced economies spanning 1998 to 2012, using an error correction specification. We find a sig...
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| 格式: | 杂志 |
| 语言: | English |
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Washington, D.C. :
International Monetary Fund,
2015.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 2015/112 |
| 在线阅读: | Full text available on IMF |