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文章基本信息

  • 标题:UK Consumers' Expenditure over 40 Years
  • 本地全文:下载
  • 作者:David Fielding
  • 期刊名称:Discussion Papers / University of Leicester, Department of Economics
  • 出版年度:1998
  • 出版社:Leicester
  • 摘要:

    Using quarterly data for the last four decades, we test a number of traditional assumptions about aggregate consumer behaviour in the UK, with regard to the order of integration of the time series, the income elasticity of consumption and the stability of the parameters of the consumption function. In all cases, modification of these assumptions now appears to be necessary.

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