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Economic Development, Life Cycle Consumption, and Planning Horizons

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Author Info
Baffoe-Bonnie, J.
Khayum, M.

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Abstract

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Publisher Info
Paper provided by Pennsylvania State - Department of Economics in its series Papers with number 4-95-1-ces.

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Length: 169 pages
Date of creation: 1995
Date of revision:
Handle: RePEc:fth:pensta:4-95-1-ces

Contact details of provider:
Postal: PENNSYLVANIA STATE UNIVERSITY, DEPARTMENT OF ECONOMICS, UNIVERSITY PARK PENNSYLVANIA 16802 U.S.A.
Phone: (814)865-1456
Fax: (814)863-4775
Web page: http://econ.la.psu.edu/
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Related research
Keywords: ECONOMIC DEVELOPMENT; CONSUMPTION;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Mankiw, N Gregory & Rotemberg, Julio J & Summers, Lawrence H, 1985. "Intertemporal Substitution in Macroeconomics," The Quarterly Journal of Economics, MIT Press, vol. 100(1), pages 225-51, February. [Downloadable!] (restricted)
    Other versions:
  2. Patterson, K D, 1986. "The Stability of Some Annual Consumption Functions," Oxford Economic Papers, Oxford University Press, vol. 38(1), pages 1-30, March.
  3. Hall, Robert E, 1988. "Intertemporal Substitution in Consumption," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 339-57, April. [Downloadable!] (restricted)
    Other versions:
  4. Hall, Robert E, 1978. "Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence," Journal of Political Economy, University of Chicago Press, vol. 86(6), pages 971-87, December. [Downloadable!] (restricted)
  5. Blanchard, Olivier J, 1985. "Debt, Deficits, and Finite Horizons," Journal of Political Economy, University of Chicago Press, vol. 93(2), pages 223-47, April. [Downloadable!] (restricted)
    Other versions:
  6. Haug, Alfred A., 1991. "The random walk hypothesis of consumption and time aggregation," Journal of Macroeconomics, Elsevier, vol. 13(4), pages 691-700. [Downloadable!] (restricted)
  7. Bean, Charles R, 1986. "The Estimation of "Surprise" Models and the "Surprise" Consumption Function," Review of Economic Studies, Blackwell Publishing, vol. 53(4), pages 497-516, August. [Downloadable!] (restricted)
    Other versions:
  8. Bewley, Truman, 1977. "The permanent income hypothesis: A theoretical formulation," Journal of Economic Theory, Elsevier, vol. 16(2), pages 252-292, December. [Downloadable!] (restricted)
  9. Davis, E P, 1984. "The Consumption Function in Macroeconomic Models: A Comparative Study," Applied Economics, Taylor and Francis Journals, vol. 16(6), pages 799-838, December.
  10. Engle, Robert F & Granger, Clive W J, 1987. "Co-integration and Error Correction: Representation, Estimation, and Testing," Econometrica, Econometric Society, vol. 55(2), pages 251-76, March. [Downloadable!] (restricted)
  11. King, Mervyn A, 1986. " Capital Market "Imperfections" and the Consumption Function," Scandinavian Journal of Economics, Blackwell Publishing, vol. 88(1), pages 59-80.
  12. R. Glenn Hubbard & Kenneth L. Judd, 1986. "Liquidity Constraints, Fiscal Policy, and Consumption," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 17(1986-1), pages 1-60. [Downloadable!]
  13. Bollerslev, Tim & Hylleberg, Svend, 1985. "A Note on the Relation between Consumers' Expenditure and Income in the United Kingdom," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 47(2), pages 153-70, May.
  14. Song, Byung-Nak, 1981. "Empirical Research on Consumption Behavior: Evidence from Rich and Poor LDCs," Economic Development and Cultural Change, University of Chicago Press, vol. 29(3), pages 597-611, April.
  15. Granger, Clive W J, 1986. "Developments in the Study of Cointegrated Economic Variables," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 48(3), pages 213-28, August.
  16. Muellbauer, John, 1983. "Surprises in the Consumption Function," Economic Journal, Royal Economic Society, vol. 93(369a), pages 34-50, Supplemen. [Downloadable!] (restricted)
  17. Wickens, M R & Molana, H, 1984. "Stochastic Life Cycle Theory with Varying Interest Rates and Prices," Economic Journal, Royal Economic Society, vol. 94(376a), pages 133-47, Supplemen. [Downloadable!] (restricted)
  18. Hendry, David F, 1983. "Econometric Modelling: The "Consumption Function" in Retrospect," Scottish Journal of Political Economy, Scottish Economic Society, vol. 30(3), pages 193-220, November.
  19. Zuehlke, Thomas W. & Payne, James E., 1989. "Tests of the rational expectations-permanent income hypothesis for developing economies," Journal of Macroeconomics, Elsevier, vol. 11(3), pages 423-433. [Downloadable!] (restricted)
  20. Davidson, James E. H. & Hendry, David F., 1981. "Interpreting econometric evidence : The behaviour of consumers' expenditure in the UK," European Economic Review, Elsevier, vol. 16(1), pages 177-192. [Downloadable!] (restricted)
  21. Haque, Nadeem U & Montiel, Peter, 1989. "Consumption in Developing Countries: Tests for Liquidity Constraintsand Finite Horizons," The Review of Economics and Statistics, MIT Press, vol. 71(3), pages 408-15, August. [Downloadable!] (restricted)
  22. Hayashi, Fumio, 1982. "The Permanent Income Hypothesis: Estimation and Testing by Instrumental Variables," Journal of Political Economy, University of Chicago Press, vol. 90(5), pages 895-916, October. [Downloadable!] (restricted)
  23. Flavin, Marjorie A, 1981. "The Adjustment of Consumption to Changing Expectations about Future Income," Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 974-1009, October. [Downloadable!] (restricted)
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