IDEAS home Printed from https://ideas.repec.org/a/ist/ancoec/v11y2010i1p90-99.html
   My bibliography  Save this article

Rasyonel Beklentiler-Yasam Boyu Surekli Gelir Hipotezinin Testi

Author

Listed:
  • Ugur SIVRI

    (Karadeniz Technical University)

  • Hakan ERYUZLU

    (Sakarya University)

Abstract

Consumption expenditures is one of the most important economic variables. So there are too many hypotheses about form of consumption expenditures in macroeconomics. Among them Hall’s model suggests that consumption expenditures follow random walk. In this study Hall’s Rational Expectations-Life Cycle Permanent Income hypothesis was tested for food-drink expenditures, semi durable and nondurable consumption goods expenditures and service expenditures which are subitems of private final consumption expenditures. Exclusion Test results rejected the RE-LCPI hypothesis for Turkish economy.

Suggested Citation

  • Ugur SIVRI & Hakan ERYUZLU, 2010. "Rasyonel Beklentiler-Yasam Boyu Surekli Gelir Hipotezinin Testi," Istanbul University Econometrics and Statistics e-Journal, Department of Econometrics, Faculty of Economics, Istanbul University, vol. 11(1), pages 90-99, May.
    • Handle: RePEc:ist:ancoec:v:11:y:2010:i:1:p:90-99
    as

    Download full text from publisher

    File URL: http://eidergisi.istanbul.edu.tr/sayi11/iueis11m5.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ist:ancoec:v:11:y:2010:i:1:p:90-99. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ertugrul YASAR (email available below). General contact details of provider: https://edirc.repec.org/data/ifisttr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.