{"title":"Consumption of non-durables and durables","authors":"P. Kugler, A. Bossard","doi":"10.1016/0165-1765(87)90119-4","DOIUrl":null,"url":null,"abstract":"<div><div>The empirical analysis of consumption in four European countries and the U.S.A. shows different autocorrelation patterns for non-durables and durables, which do not, however, correspond to the differences implied by the life cycle/permanent income model as formulated by Hall and Mankiw.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"24 3","pages":"Pages 219-222"},"PeriodicalIF":1.8000,"publicationDate":"1987-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/0165176587901194","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
The empirical analysis of consumption in four European countries and the U.S.A. shows different autocorrelation patterns for non-durables and durables, which do not, however, correspond to the differences implied by the life cycle/permanent income model as formulated by Hall and Mankiw.
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Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.
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