The purpose of this paper is to test the life-cycle permanent income hypothesis using an unbalanced panel from the Spanish family expenditure survey. Our model accounts for aggregate shocks and non-separability in the Euler equation among consumption goods, contrary to most of the Literature in this area. Our results do not indicate excess sensitivity of consumption growth to income
2 The purpose of this thesis is to test the implications of the permanent income – life cycle hypoth...
This paper explores the mis-specification of preferences as a cause of the poor empirical performanc...
Most studies of household intertemporal consumption behavior use food consumption data from the Pane...
The purpose of this paper is to test the life-cycle permanent income hypothesis using an unbalanced ...
The purpose of this research is to analyze dynamic models for cohort and panel data, with special em...
The standard theoretical framework for analysing households’ intertemporal decisions is the life-cyc...
Treball de Final de Grau en Economia. Codi: EC1049. Curs acadèmic 2015-2016In 1978 Robert E. Hall pu...
This paper studies the excessive volatility of Spanish aggregate non-durables consumption with relat...
The purpose of this paper is to test for the presence of habit formation in consumption decisions u...
The paper considers avariety of evidence that casts light on the validity of the life-cycle model of...
This paper studies the excessive volatility of Spanish aggregate non-durables consumption with relat...
This study examined the household and government consumption with income separately both in short an...
This paper presents a life cycle model that contains the Beckers (1975) and Heckmans (1976) models a...
This paper presents a life cycle model that contains the Becker¿s (1975) and Heckman¿s (1976) models...
This paper measures how households smooth changes in consumption when incomes are shifted by permane...
2 The purpose of this thesis is to test the implications of the permanent income – life cycle hypoth...
This paper explores the mis-specification of preferences as a cause of the poor empirical performanc...
Most studies of household intertemporal consumption behavior use food consumption data from the Pane...
The purpose of this paper is to test the life-cycle permanent income hypothesis using an unbalanced ...
The purpose of this research is to analyze dynamic models for cohort and panel data, with special em...
The standard theoretical framework for analysing households’ intertemporal decisions is the life-cyc...
Treball de Final de Grau en Economia. Codi: EC1049. Curs acadèmic 2015-2016In 1978 Robert E. Hall pu...
This paper studies the excessive volatility of Spanish aggregate non-durables consumption with relat...
The purpose of this paper is to test for the presence of habit formation in consumption decisions u...
The paper considers avariety of evidence that casts light on the validity of the life-cycle model of...
This paper studies the excessive volatility of Spanish aggregate non-durables consumption with relat...
This study examined the household and government consumption with income separately both in short an...
This paper presents a life cycle model that contains the Beckers (1975) and Heckmans (1976) models a...
This paper presents a life cycle model that contains the Becker¿s (1975) and Heckman¿s (1976) models...
This paper measures how households smooth changes in consumption when incomes are shifted by permane...
2 The purpose of this thesis is to test the implications of the permanent income – life cycle hypoth...
This paper explores the mis-specification of preferences as a cause of the poor empirical performanc...
Most studies of household intertemporal consumption behavior use food consumption data from the Pane...