Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/98235
Authors: 
Clausen, Volker
Schürenberg-Frosch, Hannah
Year of Publication: 
2012
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Publisher:] Springer [Place:] Heidelberg [Volume:] 47 [Year:] 2012 [Issue:] 3 [Pages:] 190-196
Abstract: 
Experience after the establishment of EMU shows that the behaviour of private consumers differs considerably among member countries and that average and marginal propensities to consume are fairly heterogeneous. In particular, there are clear differences between Germany and the rest of the euro area. These asymmetric consumption functions may be responsible for cyclical divergences within the currency area. The following paper presents an econometric analysis of the available data.
Persistent Identifier of the first edition: 
Document Type: 
Article

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