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The stationarity of consumption–income ratios: Evidence from bootstrapping confidence intervals


  • Fallahi, Firouz


We study the stationarity of consumption–income ratio (APC) in OECD countries. To that end, we use three different bootstrapping techniques to construct the 90% confidence intervals. The results show that the APC is non-stationary in most of the countries.

Suggested Citation

  • Fallahi, Firouz, 2012. "The stationarity of consumption–income ratios: Evidence from bootstrapping confidence intervals," Economics Letters, Elsevier, vol. 115(1), pages 137-140.
  • Handle: RePEc:eee:ecolet:v:115:y:2012:i:1:p:137-140 DOI: 10.1016/j.econlet.2011.12.023

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    References listed on IDEAS

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    1. repec:rjr:romjef:v::y:2017:i:2:p:109-123 is not listed on IDEAS

    More about this item


    Consumption-income; Unit root; Confidence interval; Bootstrapping;

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth


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