Kadish, Peter (2010): Consumption in developed and emerging economies.
Download (239kB) | Preview
In what follows various econometric technique is applied to determine the source of consumption growth with historical retrospective to equity and real estate markets as well comparative analysis of US consumer and Chinese consumer is presented.
|Item Type:||MPRA Paper|
|Original Title:||Consumption in developed and emerging economies.|
|Keywords:||Consumer credit; Wealth; Consumption|
|Subjects:||E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E21 - Consumption ; Saving ; Wealth|
|Depositing User:||Unnamed user with email firstname.lastname@example.org|
|Date Deposited:||12. Aug 2010 10:20|
|Last Modified:||13. Feb 2013 14:18|
Ashoka Mody and Franziska Ohnsorge, After the Crisis: Lower Consumption Growth but Narrower Global Imbalances? IMF Working Paper, 2010
Aziz, Jahangir, and Christoph Duenwald, 2002, “The Growth-Financial Nexus,” China: Competing in the Global Economy, edited by Wanda Tseng and Markus Rodlauer.
Blanchard, Oliver, and Francesco Giavazzi, 2005, “Rebalancing Growth in China: A Three- Handed Approach,” CEPR Discussion Paper.
Byrne, J.P.and Davis, E.P. (2003). “Disaggregate Wealth and Aggregate Consumption: An Investigation of Empirical Relationships for the G7”, Oxford Bulletin of Economics and Statistics, 65, 197-220
David Laibson, Johanna Mollerstrom; Capital Flows, Consumption Booms and Asset Bubbles: A Behavioural Alternative to the Savings Glut Hypothesis. NBER Working Paper No. 15759* 2010
Emanuele Baldacci, Giovanni Callegari, David Coady, Ding Ding, Manmohan Kumar, Pietro Tommasino, and Jaejoon Woo1 Public Expenditures on Social Programs and Household Consumption in China, IMF Working Paper, 2010
Jaewoo Lee, Pau Rabanal, and Damiano Sandri; International Monetary Fund Research Department; U.S. Consumption after the 2008 Crisis, 2010
Jahangir Aziz and Li Cui, Explaining China’s Low Consumption: The Neglected Role of Household Income IMF Working Paper 2007
Kuijs, Louis, 2005, "Investment and Saving in China," Policy Research Working Paper No. 3633 (Washington: World Bank).
Lakshmi Iyery Xin Mengz Nancy Qian; Unbundling Property Rights: Urban Housing Privatization and Labor Mobility in China, 2009
Ludvigson, S. and Steindel, C. (1999). “How Important is the Stock Market Effect on Consumption?” Economic Policy Review, Federal Reserve Bank of New York, July.
Modigliani, Franco and Shi Cao, 2004, “The Chinese Saving Puzzle and the Life-Cycle Hypothesis,” Journal of Economic Literature, pages 145-170.
Marcos Chamon, Eswar Prasad; NBER WORKING PAPER SERIES; Why are Saving Rates of Urban Households in China Rising? Cambridge, 2008
Prasad, Eswar, and Raghuram Rajan, 2006, “Modernizing China’s Growth Paradigm,” IMF Policy Discussion Paper No. 06/3(Washington: International Monetary Fund).
Ray Barrell and E Philip Davis; Financial Liberalisation, Consumption and Wealth Effects in 7 OECD Countries, NIESR Discussion paper no. 247; NIESR and Brunel University London, 2007
Steve Barnett and Ray Brooks1 China: Does Government Health and Education Spending Boost Consumption? IMF Working Paper, 2010