Explaining Consumption : A Simple Test of Alternative Hypotheses

A Simple Test of Alternative Hypotheses

Explaining Consumption : A Simple Test of Alternative Hypotheses
A method of testing the relative importance for consumption of risk sharing behavior and changes in current income is proposed and estimated using data across Canadian provinces. The focus of the estimation is less on whether or not the risk sharing model can be rejected than on how much each of these hypotheses can contribute to explaining... READ MORE...

Publication date: May 1997
ISBN 9781451968439
$15.00

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