The Effect of Current Income on Aggregate Consumption

Using the statistical distributional approach of aggregation by Hildenbrand and Kneip (1999, 2002), this paper attempts to find out to what extent current labour income can explain the relative change in aggregate consumption expenditure. The coefficients of the changes in the income distribution ar...

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Bibliographic details
Volume: 33
Main Author: Schmalenbach, Anke
Chakrabarty, Manisha
Format: Journal Article
Language: English
Place of publication: Economic and Social Studies 2002
published in: The Economic and Social Review Vol. 33; no. 3; pp. 297 - 317
Data of publication: 2002
Series: The Economic and Social Review
Online Access: available in Bonn?
Database: RePEc IDEAS
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