Please use this identifier to cite or link to this item: http://scholarbank.nus.edu.sg/handle/10635/13436
Title: The test of long-memory explanation of the deaton paradox by conducting unit root test of household income from PSID
Authors: JIA JUNFEI
Keywords: LONG-MEMORY, DEATON PARODOX, UNIT ROOT TEST, PSID
Issue Date: 21-Nov-2007
Source: JIA JUNFEI (2007-11-21). The test of long-memory explanation of the deaton paradox by conducting unit root test of household income from PSID. ScholarBank@NUS Repository.
Abstract: The Deaton Paradox is one of the most strikingconsumption behavior topics in recent years. One attractive explanation of the Deaton Paradox is the long-memory process hypothesis proposed by Diebold (1991). However, the existence of long-memory process in the aggregate level consumption data requires that the individual level data can be fitted by AR processes. As a result, I would like to investigate on the individual level income data of US families to check the availability of long-memory process explanation to the Deaton Paradox.
URI: http://scholarbank.nus.edu.sg/handle/10635/13436
Appears in Collections:Master's Theses (Open)

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