Temporal aggregation and Hall's model of consumption behaviour
- 1 October 1988
- journal article
- research article
- Published by Taylor & Francis in Applied Economics
- Vol. 20 (10), 1317-1320
- https://doi.org/10.1080/00036848800000102
Abstract
A simple exercise of time-series analysis shows that the presence of the phonomenon of temporal aggregation in quarterly consumption data can substantially alter the empirical inference about Hall' mocel of consumption behaviour. This fact has received almost no attention in the econometric research in this field.Keywords
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