search query: @author Shintani, M. / total: 4
reference: 4 / 4
« previous | next »
| Author: | Shintani, M. |
| Title: | Cointegration and tests of the permanent income hypothesis: Japanese evidence with international comparisons |
| Journal: | Journal of the Japanese and International Economies
1994 : JUN, VOL. 8:2, p. 144-172 |
| Index terms: | COINTEGRATION TESTS LIFE CYCLE INCOME JAPAN |
| Language: | eng |
| Abstract: | This paper examines the applicability of the permanent income hypothesis in Japan and attempts to obtain new evidence concerning whether Japanese consumer behavior is different from that of other countries. The analysis makes use of several types of cointegrating relations , and a different testing procedure is employed in each case. Taken as a whole, the results indicate rejection of the model and suggest that the source of rejection is likely to be the uniqueness of Japan. |
« previous | next »
SCIMA