A Test of the Rational Expectations‐Permanent Income Hypothesis for Singapore
作者:
John Thornton,
期刊:
Asian Economic Journal
(WILEY Available online 1993)
卷期:
Volume 7,
issue 1
页码: 35-40
ISSN:1351-3958
年代: 1993
DOI:10.1111/j.1467-8381.1993.tb00100.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
This paper tests the rational expectations‐permanent incomc hypothesis (REPIH) for Singaporc using the methodology developed by Hall (1978) and Flavin (1981). Thc statistical evidcncc suggests that the REPIH cannot be rejecte
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