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Raising wages is only one of several actions the government must take if it wants to stimulate household consumption.
But the dominant policies during the post-crisis period – fiscal retrenchment and quantitative easing (QE) by major central banks – have offered little support to stimulate household consumption, investment, and growth.
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"By shifting more resources to lower levels of education, governments might stimulate more household spending for higher education, without threatening the growth of the tertiary sector". Unesco highlights the recent experience of Burundi, which brought the number of out-of-school children down from 723,000 in 1999 to just 10,000 in 2009.
The behavior change strategy of the intervention presumes that FCHVs are effective at promoting care-seeking and desired household practices and that the booklet will facilitate the communication of messages, reinforce the FCHVs' counseling and stimulate intra-household discussion.
Credit-constrained households initially use more than 70% of the extra liquidity generated by mortgage rate reductions to repay credit card debt — a deleveraging response that can significantly restrict the ability of monetary policy to stimulate these households' consumption.
Better methods of characterizing and addressing heterogeneity in preferences and decision making are needed to stimulate reductions in household greenhouse gas emissions.
In the current situation, slightly higher expected inflation in the short term would likely stimulate spending of households and firms.
And plummeting prices should stimulate single PC households in the U.S. to add more.
By the time President Obama moved to stimulate, President George W. Bush, households, former Secretary Paulson, and the Federal Reserve had already stimulated the economy $13.5 trillion, and we were losing 700,000 jobs per month.
Clients and FCHVs alike felt that providing pregnant women and their families with some form of written material was crucial--both to refresh clients' memories following counseling sessions as well as to stimulate discussion among other household members.
"The extended data now show that declines in house prices stimulate large and significant decreases in household spending," they reported.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com