Revisiting the Empirical Inconsistency of the Permanent Income Hypothesis: Evidence from Rural China
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Cited by:
- Syed AMMAD* & Qazi Masood AHMED**, 2018. "AGGREGATE CONSUMPTION IN PAKISTAN: Revisiting the Permanent-Income Hypothesis under Adaptive Expectation Model," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 28(1), pages 33-46.
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More about this item
Keywords
Permanent Income Hypothesis; Consumption; Generalized Method of Moments; Diebold-Mariano-West Statistic; Vector Autoregressive;All these keywords.
JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DEV-2013-03-23 (Development)
- NEP-FOR-2013-03-23 (Forecasting)
- NEP-TRA-2013-03-23 (Transition Economics)
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