Short-Run and Long-Run Co-Movements in the Income-Consumption Relationship
| dc.contributor.author | Ming Au, Alan Kai | |
| dc.contributor.author | Yeung, Matthew C. H. | |
| dc.date.accessioned | 2018-07-11T08:02:39Z | |
| dc.date.available | 2018-07-11T08:02:39Z | |
| dc.date.issued | 2018-04 | |
| dc.description.abstract | The study uses the cointegration and common cycle analysis to test whether there are short-run and long-run co-movement relationships between incomes and varies consumption expenditure variables. The analysis aims to detect the long-run co-movements between income and five types of consumption variables, which provides supporting evidence for the common brief that income drives consumption in the long-run. In addition, the analysis also attempts to detect if there are short-run co-movements between income and consumption. | en_US |
| dc.identifier.citation | Theoretical Economics Letters, 2018, 8, 814-819 | en_US |
| dc.identifier.issn | 2162-2086 | |
| dc.identifier.uri | https://doi.org/10.4236/tel.2018.85057 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/1788 | |
| dc.language.iso | en | en_US |
| dc.publisher | Scientific Research | en_US |
| dc.subject | Common Cycles | en_US |
| dc.subject | Common Features | en_US |
| dc.subject | Cointegration | en_US |
| dc.subject | Consumers’ Expenditure | en_US |
| dc.title | Short-Run and Long-Run Co-Movements in the Income-Consumption Relationship | en_US |
| dc.type | Article | en_US |