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 the...

Celý popis

Podrobná bibliografie
Hlavní autor: Bayoumi, Tamim
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1997.
Edice:IMF Working Papers; Working Paper ; No. 1997/056
On-line přístup:Full text available on IMF
LEADER 01608cas a2200241 a 4500
001 AALejournalIMF000345
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451968439 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Bayoumi, Tamim. 
245 1 0 |a Explaining Consumption :   |b A Simple Test of Alternative Hypotheses /  |c Tamim Bayoumi. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1997. 
300 |a 1 online resource (29 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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 overall variation in consumption. Both types of behavior are found to be statistically significant, but the risk sharing model is found to explain considerably more of the growth in consumption than does changes in income. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1997/056 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1997/056/001.1997.issue-056-en.xml  |z IMF e-Library