SENSITIVITY OF TESTS OF THE PIH TO ALTERNATIVE CONSUMPTION PROXIES

被引:6
作者
LAGE, MJ
机构
[1] Miami University, Oxford
关键词
D O I
10.1016/0165-1765(91)90211-3
中图分类号
F [经济];
学科分类号
02 ;
摘要
This note compares tests of the Permanent Income Hypothesis when alternative proxies for consumption are utilized. While the results appear to be sensitive to the proxy of consumption, J-tests show no significant difference between the alternative models. © 1991.
引用
收藏
页码:429 / 433
页数:5
相关论文
共 2 条
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HALL, RE ;
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[2]   A SUPERIOR MEASURE OF CONSUMPTION FROM THE PANEL STUDY OF INCOME DYNAMICS [J].
SKINNER, J .
ECONOMICS LETTERS, 1987, 23 (02) :213-216