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Author Bayoumi, Tamim A

Title Explaining consumption : a simple test of alternative hypotheses / prepared by Tamim Bayoumi
Published [Washington, D.C.] : International Monetary Fund, Asia and Pacific Dept., ©1997

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Description 1 online resource (29 pages) : illustrations
Series IMF working paper, 2227-8885 ; WP/97/56
IMF working paper ; WP/97/56.
Summary As might be expected from an activity which comprises well over half of aggregate economic spending, the behavior of private consumption remains one of the most important areas of economic research. As yet, however, there is little consensus on how to characterize this behavior empirically, with some investigators focusing on the importance of optimizing behavior in a world with complete markets and infinitely lived consumers, and others on the impact of market imperfections, rules of thumb, and life-cycle effects. This paper provides a way of assessing the relative contribution of these different types of behavior to aggregate consumption
Bibliography Includes bibliographical references (pages 27-29)
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL
English
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Consumption (Economics) -- Canada
Risk -- Canada
Income -- Canada
Consumption (Economics)
Income
Risk
Canada
Form Electronic book
Author International Monetary Fund. Asia and Pacific Department.
ISBN 1283556286
9781283556286
1451894503
9781451894509
1462374239
9781462374236
1452759359
9781452759357
9786613868732
6613868736
9781451968439
1451968434