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Are OECD consumption-income ratios stationary after all?

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  • Romero-Ávila, Diego
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    Article provided by Elsevier in its journal Economic Modelling.

    Volume (Year): 26 (2009)
    Issue (Month): 1 (January)
    Pages: 107-117

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    Handle: RePEc:eee:ecmode:v:26:y:2009:i:1:p:107-117

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    Web page: http://www.elsevier.com/locate/inca/30411

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    Keywords: Consumption-income ratio Unit root hypothesis Robust trend test Cross-sectional dependence Multiple breaks Bootstrap distribution Median-unbiased estimation Half-life;

    References

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    Cited by:
    1. Lin, Pei-Chien & Huang, Ho-Chuan (River), 2012. "Inequality convergence revisited: Evidence from stationarity panel tests with breaks and cross correlation," Economic Modelling, Elsevier, vol. 29(2), pages 316-325.
    2. Holmes, Mark J. & Shen, Xin, 2013. "A note on the average propensity to consume, wealth and threshold adjustment," Economic Modelling, Elsevier, vol. 35(C), pages 309-313.
    3. Tuomas, Malinen, 2011. "Inequality and savings: a reassesment of the relationship in cointegrated panels," MPRA Paper 33350, University Library of Munich, Germany.
    4. Fallahi, Firouz, 2012. "The stationarity of consumption–income ratios: Evidence from bootstrapping confidence intervals," Economics Letters, Elsevier, vol. 115(1), pages 137-140.

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