Permanent income hypothesis: Foundations and evaluation at the local level

Abstract:

Consumer behavior has been studied over the years, on which a series of economic theories have been developed to pbkp_redict the expected behavior of the economic agent. On the other hand, the permanent income hypothesis states that this pbkp_rediction depends on unexpected news that alter their behavior, so that, it tends to be unpbkp_redictable. For the present study the explanatory power of the variables: consumption, income and interest rate where evaluated for the Ecuadorian economy, obtaining as a result the lack of statistical significance of them in the local market.

Año de publicación:

2018

Keywords:

• COEFICIENTE
• Coefficient
• SIGNIFICANCIA ESTADÍSTICA
• consumption
• consumo
• Statistical significance

Fuente:

scopus