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Consumption dynamics and panel data : a survey

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  • Jean-Marc Robin

    (CREST - Centre de Recherche en Économie et Statistique - ENSAI - Ecole Nationale de la Statistique et de l'Analyse de l'Information [Bruz] - X - École polytechnique - IP Paris - Institut Polytechnique de Paris - ENSAE Paris - École Nationale de la Statistique et de l'Administration Économique - CNRS - Centre National de la Recherche Scientifique, LEA - Laboratoire d'Economie Appliquée - INRA - Institut National de la Recherche Agronomique)

Abstract

Depuis la formulation de l'hypothèse du revenu permanent dans les années cinquante (Friedman, Modigliani, Brumberg), les économètres se sont beaucoup préoccupés de la question de la sensibilité de la consommation au revenu courant. C'est à partir de 1978, avec l'apport de Hall sur l'incorporation des anticipations rationnelles, que de nombreuses études empiriques, fondées sur des données agrégées, ont été menées. Les résultats ne semblant pas vraiment décisifs, les chercheurs ont tenté d'utiliser les données de panel de consommateurs autant que possible, mais celles-ci sont peu disponibles. L'article analyse ces travaux économétriques : le modèle de base anticipation rationnelle-cycle vital, ses applications et généralisations.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Jean-Marc Robin, 1993. "Consumption dynamics and panel data : a survey," Post-Print hal-00360953, HAL.
    • Handle: RePEc:hal:journl:hal-00360953
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    Cited by:

    1. Ada Ferrer-i-Carbonell & Jeroen van den Bergh, 2004. "A Micro-Econometric Analysis of Determinants of Unsustainable Consumption in The Netherlands," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 27(4), pages 367-389, April.
    2. van den Bergh, Jeroen C.J.M., 2008. "Environmental regulation of households: An empirical review of economic and psychological factors," Ecological Economics, Elsevier, vol. 66(4), pages 559-574, July.

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