Modeling movements in individual consumption

A time-series analysis of grouped data

We characterize the time-series properties of group-level consumption, income, and interest rates using microdata. We relate the coefficients of moving average representations to structural parameters of theoretical models of consumption behavior. Using long time series of cross sections to construc...

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Bibliographic details
Volume:	55
Main Author:	Attanasio, Orazio P Borella, Margherita
Format:	Journal Article
Language:	English
Zielgruppe:	Academic
Place of publication:	HOBOKEN Wiley Periodicals, Inc 2014 WILEY Wiley Subscription Services, Inc
published in:	International economic review (Philadelphia) Vol. 55; no. 4; pp. 959 - 991
Data of publication:	2014
ISSN:	0020-6598 1468-2354 1468-2354
EISSN:	1468-2354
Discipline:	Economics
Bibliography:	The authors would like to thank Manuel Arellano, Fabio Bagliano, Costas Meghir, Nicola Pavoni, Luigi Pistaferri, Jonathan Skinner, Harald Uhlig, and the seminar participants at IFS/UCL workshop on Consumption Inequality and Income Dynamics at the Institute for Fiscal Studies and at Collegio Carlo Alberto, for useful comments. We also received valuable feedback from four anonymous referees and Jesus Fernandez‐Villaverde, the editor. Attanasio's research was partly financed with European Research Council Advanced Grant 249612 and by the ESRC‐funded Centre for the Microeconomic Analysis of Public Policy (CPP) at the IFS, RES‐544‐28‐0001.
Subjects:	Panel Großbritannien Zeitreihenanalyse Bildungsniveau Einkommen Konsum Zins Time series models Aggregate income Interest income Consumer economics Time series P values Euler equations Coefficients Parametric models Interest rates Economics Business & Economics Social Sciences LIFE-CYCLE RATIONAL-EXPECTATIONS ELASTICITY INTERTEMPORAL SUBSTITUTION GROWTH HYPOTHESIS LABOR INCOME EXCESS SMOOTHNESS ALLOCATION PERMANENT
Online Access:	Fulltext
Database:	FIS Bildung Literaturdatenbank Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2014 Web of Knowledge Web of Science Gale General OneFile (A&I only) Academic OneFile (A&I only) Database information Databases - DBIS