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Myopia, Liquidity Constraints, and Aggregate Consumption: A Simple Test
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- Perez, Stephen J., 2000. "Myopia, liquidity constraints, and aggregate consumption: what do the data say?," Economics Letters, Elsevier, vol. 67(1), pages 43-48, April.
- Phang, Sock-Yong, 2004. "House prices and aggregate consumption: do they move together? Evidence from Singapore," Journal of Housing Economics, Elsevier, vol. 13(2), pages 101-119, June.
- Apergis, Nicholas & Miller, Stephen M., 2006.
"Consumption asymmetry and the stock market: Empirical evidence,"
Economics Letters, Elsevier, vol. 93(3), pages 337-342, December.
- Nicholas Apergis & Stephen M. Miller, 2004. "Consumption Asymmetry and the Stock Market: Empirical Evidence," Working papers 2004-43, University of Connecticut, Department of Economics, revised Apr 2006.
- Daragh Clancy & Lorenzo Ricci, 2022.
"Economic sentiments and international risk sharing,"
International Economics, CEPII research center, issue 169, pages 208-229.
- Clancy, Daragh & Ricci, Lorenzo, 2022. "Economic sentiments and international risk sharing," International Economics, Elsevier, vol. 169(C), pages 208-229.
- Casey B. Mulligan, 1999.
"Substitution over Time: Another Look at Life-Cycle Labor Supply,"
NBER Chapters, in: NBER Macroeconomics Annual 1998, volume 13, pages 75-152,
National Bureau of Economic Research, Inc.
- Casey B. Mulligan, 1998. "Substitution over Time: Another Look at Life Cycle Labor Supply," NBER Working Papers 6585, National Bureau of Economic Research, Inc.
- Chen, Nan-Kuang & Chen, Shiu-Sheng & Chou, Yu-Hsi, 2010. "House prices, collateral constraint, and the asymmetric effect on consumption," Journal of Housing Economics, Elsevier, vol. 19(1), pages 26-37, March.
- Lo, Kuang-Ta & Chou, Ta-Sheng & Tsui, Stephanie, 2020. "The asymmetric behavior of household consumption under the business cycle," The North American Journal of Economics and Finance, Elsevier, vol. 54(C).
- Somville, Vincent & Vandewalle, Lore, 2023.
"Access to banking, savings and consumption smoothing in rural India,"
Journal of Public Economics, Elsevier, vol. 223(C).
- Vincent Somville & Lore Vandewalle, 2019. "Access to Banking, Savings and Consumption Smoothing in Rural India," IHEID Working Papers 09-2019, Economics Section, The Graduate Institute of International Studies.
- Luca Gambetti & Nicolò Maffei-Faccioli & Sarah Zoi, 2022.
"Bad News, Good News: Coverage and Response Asymmetries,"
Working Paper
2022/8, Norges Bank.
- Luca Gambetti, 2023. "Bad News, Good News: Coverage and Response Asymmetries," Finance and Economics Discussion Series 2023-001, Board of Governors of the Federal Reserve System (U.S.).
- Epper, Thomas, 2015. "Income Expectations, Limited Liquidity, and Anomalies in Intertemporal Choice," Economics Working Paper Series 1519, University of St. Gallen, School of Economics and Political Science.
- Manoel Bittencourt & Chance Mwabutwa & Nicola Viegi, 2012.
"Financial Reforms and Consumption Behaviour in Malawi,"
Working Papers
201210, University of Pretoria, Department of Economics.
- Chance Mwabutwa & Manoel Bittencourt & Nicola Viegi, 2012. "Financial Reforms and Consumption Behaviour in Malawi," Working Papers 306, Economic Research Southern Africa.
- Konstantinos Drakos, 2002. "Myopia, Liquidity Constraints, and Aggregate Consumption: The Case of Greece," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 27(1), pages 97-105, June.
- Paz, Lourenço S. & Gomes, Fábio A. R., 2008. "Consumption in South America: myopia or liquidity constraints?," Insper Working Papers wpe_148, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
- Brian Baugh & Itzhak Ben-David & Hoonsuk Park & Jonathan A. Parker, 2021.
"Asymmetric Consumption Smoothing,"
American Economic Review, American Economic Association, vol. 111(1), pages 192-230, January.
- Brian Baugh & Itzhak Ben-David & Hoonsuk Park & Jonathan A. Parker, 2018. "Asymmetric Consumption Smoothing," NBER Working Papers 25086, National Bureau of Economic Research, Inc.
- Joseph P. Dejuan & John J. Seater & Tony S. Wirjanto, 2010. "Testing the Stochastic Implications of the Permanent Income Hypothesis Using Canadian Provincial Data," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(1), pages 89-108, February.
- Syed AMMAD* & Qazi Masood AHMED**, 2018. "AGGREGATE CONSUMPTION IN PAKISTAN: Revisiting the Permanent-Income Hypothesis under Adaptive Expectation Model," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 28(1), pages 33-46.
- Bilgili, Faik, 1998. "The effects of tax-cuts and government bonds on aggregate demand," MPRA Paper 75606, University Library of Munich, Germany.
- Gabe de Bondt, 1999. "Credit channels and consumption in Europe: empirical evidence," BIS Working Papers 69, Bank for International Settlements.
- Paul Dolan & Grace Lordan, 2021.
"Climbing up ladders and sliding down snakes: an empirical assessment of the effect of social mobility on subjective wellbeing,"
Review of Economics of the Household, Springer, vol. 19(4), pages 1023-1045, December.
- Dolan, Paul & Lordan, Grace, 2019. "Climbing up Ladders and Sliding down Snakes: An Empirical Assessment of the Effect of Social Mobility on Subjective Wellbeing," IZA Discussion Papers 12519, Institute of Labor Economics (IZA).
- Dolan, Paul & Lordan, Grace, 2020. "Climbing up ladders and sliding down snakes: an empirical assessment of the effect of social mobility on subjective wellbeing," LSE Research Online Documents on Economics 104059, London School of Economics and Political Science, LSE Library.
- Christopher Biolsi & H. Youn Kim, 2021. "Analyzing state government spending: balanced budget rules or forward-looking decisions?," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 28(4), pages 1035-1079, August.
- Rossi, Mariacristina, 2005. "Households’ Consumption under the Habit Formation Hypothesis. Evidence from Italian Households using the Survey of Household Income and Wealth (SHIW)," Economics Discussion Papers 8886, University of Essex, Department of Economics.
- Tomas Havranek & Anna Sokolova, 2016.
"Do Consumers Really Follow a Rule of Thumb? Three Thousand Estimates from 130 Studies Say "Probably Not","
Working Papers
2016/08, Czech National Bank.
- Tomas Havranek & Anna Sokolova, 2016. "Do Consumers Really Follow a Rule of Thumb? Three Thousand Estimates from 130 Studies Say "Probably Not"," HSE Working papers WP BRP 137/EC/2016, National Research University Higher School of Economics.
- Tomas Havranek & Anna Sokolova, 2016. "Do Consumers Really Follow a Rule of Thumb? Three Thousand Estimates from 130 Studies Say “Probably Not”," Working Papers IES 2016/15, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Jul 2016.
- Jonathan Fisher & Larry Filer & Angela Lyons, "undated". "Is the Bankruptcy Flag Binding? Access to Credit Markets for Post-Bankruptcy Households," American Law & Economics Association Annual Meetings 1041, American Law & Economics Association.
- Bilgili, Faik, 1997. "Testing the Ricardian equivalence theorem in the framework of the permanent income hypothesis," MPRA Paper 75542, University Library of Munich, Germany.
- Gao, Xiaodan & Hnatkovska, Viktoria & Marmer, Vadim, 2014.
"Limited participation in international business cycle models: A formal evaluation,"
Journal of Economic Dynamics and Control, Elsevier, vol. 39(C), pages 255-272.
- Gao, Xiaodan & Hnatkovska, Viktoria & Marmer, Vadim, 2012. "Limited Participation in International Business Cycle Models: A Formal Evaluation," Microeconomics.ca working papers vadim_marmer-2012-1, Vancouver School of Economics, revised 21 Dec 2013.
- Markus Leibrecht & Johann Scharler, 2011. "Borrowing constraints and international risk sharing: evidence from asymmetric error-correction," Applied Economics, Taylor & Francis Journals, vol. 43(17), pages 2177-2184.
- Cristini, Annalisa & Origo, Federica & Pinoli, Sara, 2017.
"The healthy fright of losing a good one for a bad one,"
Journal of Economic Psychology, Elsevier, vol. 59(C), pages 129-144.
- Cristini, Annalisa & Origo, Federica & Pinoli, Sara, 2012. "The Healthy Fright of Losing a Good One for a Bad One," IZA Discussion Papers 6348, Institute of Labor Economics (IZA).
- Kim, Daehwan & Nilsen, Jeffrey, 2021. "Testing the presence of borrowing constraints from consumption responses to housing deposit changes," Journal of Asian Economics, Elsevier, vol. 74(C).
- Andersson, Fredrik W., 2011. "The lambda model and "rule of thumb" consumers: An estimation problem in existing studies," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 40(4), pages 381-384, August.
- Messinis, George & Henry, Olan & Olekalns, Nilss, 2002. "Rational habit modification in consumption," Economic Modelling, Elsevier, vol. 19(4), pages 665-678, August.
- Angelos A. Antzoulatos, 1997. "Non-linear consumption dynamics," Research Paper 9726, Federal Reserve Bank of New York.
- Buchinsky, Moshe & Li, Fanghua & Liao, Zhipeng, 2022. "Estimation and inference of semiparametric models using data from several sources," Journal of Econometrics, Elsevier, vol. 226(1), pages 80-103.
- Daragh Clancy & Lorenzo Ricci, 2019. "Loss aversion, economic sentiments and international consumption smoothing," Working Papers 35, European Stability Mechanism.
- Kim, Hong-bumm & Park, Jung-Ho & Lee, Seul Ki & Jang, SooCheong (Shawn), 2012. "Do expectations of future wealth increase outbound tourism? Evidence from Korea," Tourism Management, Elsevier, vol. 33(5), pages 1141-1147.
- Barros Júnior, Fernando Antônio de & Delalibera, Bruno Ricardo & Pinho Neto, Valdemar Rodrigues de, 2018. "Predictability of Aggregate Consumption in Brazil: habits, Non-Separability between Consumption and Leisure, or Credit Constraint?," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 38(1), May.
- repec:idn:jimfjn:v:4:y:2018:i:1f:p:1-16 is not listed on IDEAS
- Gomes, Fábio Augusto Reis, 2010.
"Consumo no Brasil: Comportamento Otimizador, Restrição de Crédito ou Miopia?,"
Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 64(3), September.
- Gomes, Fábio A. R., 2007. "Consumo no Brasil: comportamento otimizador, restrição de crédito ou miopia?," Insper Working Papers wpe_93, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
- Egon Smeral, 2019. "Seasonal forecasting performance considering varying income elasticities in tourism demand," Tourism Economics, , vol. 25(3), pages 355-374, May.
- Sena Durguner, 2018. "Variations in farm consumption and their relationship to income: an empirical investigation of Illinois farm households," Applied Economics, Taylor & Francis Journals, vol. 50(9), pages 990-1005, February.
- Jin Xu & Dongmin Kong, 2015. "Understanding The Household Consumption Behavior In Urban China," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 60(05), pages 1-21, December.
- Daniel Himarios, 2000. "How Forward Looking Are Consumers? Further Evidence for the United States," Southern Economic Journal, John Wiley & Sons, vol. 66(4), pages 991-1000, April.
- Xiaorong Zhou & Meng-Shiuh Chang & Karen Gibler, 2016. "The asymmetric wealth effects of housing market and stock market on consumption in China," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 21(2), pages 196-216, April.
- Salman Ahmed Shaikh & Mohd Adib Ismail & Abdul Ghafar Ismail & Shahida Shahimi & Muhammad Hakimi Mohd. Shafiai, 2018. "An Empirical Investigation Of Consumption Behaviour In Selected Oic Countries," Journal of Islamic Monetary Economics and Finance, Bank Indonesia, vol. 4(1), pages 101-116, August.
- Ricardo N. Bebczuk & Alberto R. Musalem, 2006.
"Pensions and Saving: New International Panel Data Evidence,"
Department of Economics, Working Papers
061, Departamento de Economía, Facultad de Ciencias Económicas, Universidad Nacional de La Plata.
- Ricardo N. Bebczuk & Alberto R. Musalem, 2006. "Pensions and Saving: New International Panel Data Evidence," IIE, Working Papers 061, IIE, Universidad Nacional de La Plata.
- Michał Lewandowski, 2017. "Prospect Theory Versus Expected Utility Theory: Assumptions, Predictions, Intuition and Modelling of Risk Attitudes," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 9(4), pages 275-321, December.
- Filer, Larry & Fisher, Jonathan D., 2007. "Do liquidity constraints generate excess sensitivity in consumption? New evidence from a sample of post-bankruptcy households," Journal of Macroeconomics, Elsevier, vol. 29(4), pages 790-805, December.
- Khanal, Aditya & Mishra, Ashok, 2016. "Income Risk, Habit Formation, and Precautionary Savings: The Case of Rural Households," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235597, Agricultural and Applied Economics Association.
- Bazzi, Samuel & Sumarto, Sudarno & Suryahadi, Asep, 2015. "It's all in the timing: Cash transfers and consumption smoothing in a developing country," Journal of Economic Behavior & Organization, Elsevier, vol. 119(C), pages 267-288.
- Choi, Kyoung Jin & Jeon, Junkee & Koo, Hyeng Keun, 2022. "Intertemporal preference with loss aversion: Consumption and risk-attitude," Journal of Economic Theory, Elsevier, vol. 200(C).
- Petar Sorić & Mirjana Čižmešija & Marina Matošec, 2020. "EU Consumer Confidence and the New Modesty Hypothesis," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 152(3), pages 899-921, December.
- Mårten Bjellerup & Thomas Holgersson, 2009. "A simple multivariate test for asymmetry," Applied Economics, Taylor & Francis Journals, vol. 41(11), pages 1405-1416.
- Hansen, Hermann-Josef, 1996. "Der Einfluß der Zinsen auf den privaten Verbrauch in Deutschland," Discussion Paper Series 1: Economic Studies 1996,03, Deutsche Bundesbank.
- Vei-Lin Chan & Sheng-Cheng Hu, 1997. "Financial liberalization and aggregate consumption: the evidence from Taiwan," Applied Economics, Taylor & Francis Journals, vol. 29(11), pages 1525-1535.
- Brady, Ryan R., 2008.
"Structural breaks and consumer credit: Is consumption smoothing finally a reality?,"
Journal of Macroeconomics, Elsevier, vol. 30(3), pages 1246-1268, September.
- Ryan R. Brady, 2006. "Structural Breaks and Consumer Credit: Is Consumption Smoothing Finally a Reality?," Departmental Working Papers 13, United States Naval Academy Department of Economics.
- Hansen, Hermann-Josef, 1996. "The impact of interest rates on private consumption in Germany," Discussion Paper Series 1: Economic Studies 1996,03e, Deutsche Bundesbank.
- Henry, O. & Messinis, G. & Olekalns, N., 1999. "Rational Habit Modification: the Role of Credit," Department of Economics - Working Papers Series 729, The University of Melbourne.
- Yu, Ge, 2005. "Excess sensitivity of consumption using micro data in the UK," MPRA Paper 548, University Library of Munich, Germany, revised 2006.
- Ramiz Rahmanov, 2014. "Liquidity Constraints, Loss Aversion, and Myopia: Evidence from Central and Eastern European Countries," William Davidson Institute Working Papers Series wp1082, William Davidson Institute at the University of Michigan.