Britain & Finance
Publication date: 7 May 2007 | Publication type: Journal article/book/chapter | Theme: Britain & Finance, Macroeconomics | Journal: Scottish Journal of Political Economy No. 2 Vol. 54
We estimate the impact of financial liberalisation on consumption in seven major industrial countries, and find a marked shift in behaviour, notably a decline in short-run income elasticities and a rise in short-run wealth and interest rate elasticities. A corollary is that consumption equations...
Publication date: 20 Dec 2000 | Publication type: Report | Theme: Employment & Social policy, Britain & Finance | Report number: Research and Development Report ESR62 | Report to: Employment Service
Publication date: 11 Jun 2002 | Publication type: Conference and seminar output | Theme: Britain & Finance
A Members' Forum Meeting. For further inforation <a href="http://www.niesr.ac.uk/event/110602.pdf">click here</a>.
Publication date: 22 Jul 2005 | Publication type: Report | Theme: Trade, Investment & Productivity, Britain & Finance
Publication date: 10 May 2004 | Publication type: Report | Theme: Trade, Investment & Productivity, Britain & Finance
In May 2004, 10 countries will join the European Union. This book focuses on the 8 accession countries from Central and Eastern Europe, which spent the 15 years prior to EU membership in transition from centrally planned to market economies. The current EU enlargement is no larger, in terms of...
Publication date: 3 Mar 2006 | Publication type: Conference and seminar output | Theme: Trade, Investment & Productivity, Britain & Finance
Presented to WPEG Study Group. London
Publication date: 12 May 2003 | Publication type: NIESR Discussion Paper | Theme: Trade, Investment & Productivity, Britain & Finance | JEL classification: D91, E21 | NIESR discussion paper number: 206
We use successive datasets from the U.K. Family Expenditure Survey to estimate a closed form consumption function for households facing uncertain future income. The closed form is derived from a model of absolute risk aversion modified to reflect differences in consumers' circumstances (quasi-...