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A Direct Test of the Permanent Income Hypothesis with an Application to the U.S. States
16 references·2 citing·35 second hop
A Direct Test of the Permanent Income Hypothesis with an Application to the U.S. States (2004)A Direct Test of the Permanent Income Hyp…Critical Values for Cointegration Tests (2010)Critical Values for Cointegra…Channels of Interstate Risk Sharing: United States 1963-1990 (1996)Channels of Interstate Risk S…Long-Run Economic Relationships: Readings in Cointegration. (1993)Long-Run Economic Relationshi…Efficient Tests for an Autoregressive Unit Root (1992)Efficient Tests for an Autore…Permanent Income, Current Income, and Consumption (1990)Permanent Income, Current Inc…Inference in Linear Time Series Models with some Unit Roots (1990)Inference in Linear Time Seri…Why is Consumption So Smooth? (1989)Why is Consumption So Smooth?Testing for a Unit Root in Time Series Regression (1988)Testing for a Unit Root in Ti…Asymptotic Normality, When Regressors Have a Unit Root (1988)Asymptotic Normality, When Re…Life-Cycle Models of Consumption: Is the Evidence Consistent with the Theory? (1986)Life-Cycle Models of Consumpt…Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis (1986)Does Saving Anticipate Declin…Adjustment Costs, Durables, and Aggregate Consumption (1982)Adjustment Costs, Durables, a…The Adjustment of Consumption to Changing Expectations About Future Income (1981)The Adjustment of Consumption…Intertemporal Substitution in Consumption (1981)Intertemporal Substitution in…Distribution of the Estimators for Autoregressive Time Series with a Unit Root (1979)Distribution of the Estimator…A Theory of the Consumption Function (1958)A Theory of the Consumption F…Consumption and precautionary saving: An empirical analysis under both financial and environmental risks (2012)Consumption and precautionary…Testing the Stochastic Implications of the Permanent Income Hypothesis Using Canadian Provincial Data* (2009)Testing the Stochastic Implic…Co-Integration and Error Correction: Representation, Estimation, and Testing (1987)THE POWER OF COINTEGRATION TESTS (1992)Numerical distribution functions for unit root and cointegration tests (1996)Residual-based tests for cointegration in models with regime shifts (1996)A Monetary History of the United States 1867-1960 (1964)Time Series Analysis Forecasting and Control. (1971)Time Series Analysis: Forecasting and Control (1977)Bounds testing approaches to the analysis of level relationships (2001)THE LIFE CYCLE HYPOTHESIS OF SAVING: AGGREGATE IMPLICATIONS AND TESTS (1963)Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence (1978)No news is good news (1992)Capital markets research in accounting (2001)Consumption, Aggregate Wealth, and Expected Stock Returns (2001)Statistical analysis of cointegration vectors (1988)MAXIMUM LIKELIHOOD ESTIMATION AND INFERENCE ON COINTEGRATION — WITH APPLICATIONS TO THE DEMAND FOR MONEY (1990)Statistical inference in vector autoregressions with possibly integrated processes (1995)Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root (1981)Trends and random walks in macroeconmic time series (1982)Testing the null hypothesis of stationarity against the alternative of a unit root (1992)Unit root tests in panel data: asymptotic and finite-sample properties (2002)A simple panel unit root test in the presence of cross‐section dependence (2007)Time Series Regression with a Unit Root (1987)A Comparative Study of Unit Root Tests with Panel Data and a New Simple Test (1999)Unit root tests for panel data (2001)Borders and business cycles (2001)The Effects of Fiscal Policy on Consumption and Employment: Theory and Evidence (2001)Government size, composition, volatility and economic growth (2010)The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1986)Habit Formation: A Resolution of the Equity Premium Puzzle (1990)Risks for the Long Run: A Potential Resolution of Asset Pricing Puzzles (2000)Social Security, Induced Retirement, and Aggregate Capital Accumulation (1974)Efficient Capital Markets: II (1991)Estimating long-run relationships from dynamic heterogeneous panels (1995)The behavior of real exchange rates during the post-Bretton Woods period (1998)Tourism expansion and economic development: The case of Taiwan (2005)
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References

  • 1979Distribution of the Estimators for Autoregressive Time Series with a Unit Root23,183 cited
  • 1988Testing for a Unit Root in Time Series Regression19,288 cited
  • 1992Efficient Tests for an Autoregressive Unit Root4,234 cited
  • 2010Critical Values for Cointegration Tests2,569 cited
  • 1990Inference in Linear Time Series Models with some Unit Roots2,561 cited
  • 1981Intertemporal Substitution in Consumption1,397 cited
  • 1981The Adjustment of Consumption to Changing Expectations About Future Income1,326 cited
  • 1958A Theory of the Consumption Function1,123 cited
  • 1993Long-Run Economic Relationships: Readings in Cointegration.925 cited
  • 1996Channels of Interstate Risk Sharing: United States 1963-1990797 cited
  • 1989Why is Consumption So Smooth?586 cited
  • 1990Permanent Income, Current Income, and Consumption573 cited
  • 1986Does Saving Anticipate Declining Labor Income? An Alternative Test of the Permanent Income Hypothesis514 cited
  • 1988Asymptotic Normality, When Regressors Have a Unit Root339 cited
  • 1986Life-Cycle Models of Consumption: Is the Evidence Consistent with the Theory?250 cited

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1982
Adjustment Costs, Durables, and Aggregate Consumption
206 cited

Cited by

  • 2012Consumption and precautionary saving: An empirical analysis under both financial and environmental risks17 cited
  • 2009Testing the Stochastic Implications of the Permanent Income Hypothesis Using Canadian Provincial Data*8 cited