Permanent Income, Liquidity, and Expenditure on Automobiles: Evidence from Panel Data
收藏NBER1981-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w0756
下载链接
链接失效反馈官方服务：
资源简介：
Several recent papers have tested the permanent income-cum- rational expectations hypothesis using data on nondurable or semi-durable consumption. We show how this approach can be extended to the case of durables. An application to panel data on automobile expenditures reveals no evidence against
提供机构：
美国国家经济研究局
创建时间：
1981-09-01
