A Cross-country Analysis of Private Consumption, Inflation and the "debt Neutrality Hypothesis"
نویسنده
چکیده
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 I. An overview of the theoretical issues . . . . . . . . . . . . . . . 46 II. An overview of the methodological issues . . . . . . . . . . . . . 49 111. A model of consumption behaviour . . . . . . . . . . . . . . . . 51 A. A demand system for durables and non-durables . . . . . . . 51 B. Nesting the basic model and the Barro model . . . . . . . . . 53 C. The estimable model and its properties . . . . . . . . . . . . 55 IV. Empirical analysis . . . . . . . . . . . . . . . . . . . . . . . . . 58 A. Thedata . . . , . . . . . . . . . . . . . . . . . . . . . . . 58 B. Estimation and tests . . . . . . . . . . . . . . . . . . . . . 66 77
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تاریخ انتشار 2005