"International finance." . . "International Monetary Fund." . . . . . . . "It's not all fiscal effects of income, fiscal policy, and wealth on private consumption"@en . "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 significant long-term relation between consumption and the different components of income and wealth. While fiscal policy had direct effects on consumption, the analysis suggests that wealth effects were sizeable, and therefore need to be kept in mind when analyzing consumption trends going forward. --Abstract."@en . . . . . . . . . "Case studies"@en . . . . . . . . "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 significant long-term relation between consumption and the different components of income and wealth. While fiscal policy had direct effects on consumption, the analysis suggests that wealth effects were sizeable, and therefore need to be kept in mind when analyzing consumption trends going forward."@en . "It's Not All Fiscal" . "Electronic books" . "Electronic books"@en . "It's Not All Fiscal"@en . "Fiscal policy Developed countries Case studies." . . "Income Developed countries Case studies." . . "Consumption (Economics)" . . "Monetary policy." . . "Wealth Developed countries Case studies." . . "Fiscal policy." . . "International Monetary Fund. European Department." . . . . "Wealth." . . "Developed countries." . . "Income." . . "Consumption (Economics) Developed countries Case studies." . .