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 overall variation in consumption

Year of publication:	2003
Authors:	Bayoumi, Tamim A.
Publisher:	[S.l.] : SSRN
Subject:	Konsumtheorie \| Consumption theory \| Schätzung \| Estimation \| Privater Konsum \| Private consumption \| Kanada \| Canada \| Eigeninteresse \| Self-interest
Description of contents:	Abstract [papers.ssrn.com]

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