The permanent income hypothesis under permanent-transitory confusion
Article Abstract:
The sensitivity of the Permanent Income Hypothesis model rests on the theory of income specification. Income specification affects the sensitivity of the excess sensitivity estimate gamma and beta. These factors need to be taken into consideration when using the Permanent Income Hypothesis model to analyze consumption issues. Another result in the analysis of the model showed the model to be predictive of the behavior of households in relation to consumption.
Publication Name: Journal of Economics and Business
Subject: Economics
ISSN: 0148-6195
Year: 1997
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Modeling Australia's country risk: a country beta approach
Article Abstract:
Economic modeling is used to determine the country risk due to the rising level of foreign debt in Australia. The debts had increased to $200 billion by 1996-97 from $10 billion in 1979-80.
Publication Name: Journal of Economics and Business
Subject: Economics
ISSN: 0148-6195
Year: 2000
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A model of endogenous quality management
Article Abstract:
An economics model is presented which determines the quality management of products.
Publication Name: Journal of Economics and Business
Subject: Economics
ISSN: 0148-6195
Year: 2000
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