Browsing Economic and Social Review by Author "Chakrabarty, Manisha"
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The effect of current income on aggregate consumption
Chakrabarty, Manisha; Schmalenbach, Anke (Economic & Social StudiesDublin, 2002)Using the statistical distributional approach of aggregation by Hildenbrand and Kneip (1999, 2002), this paper attempts to find out to what extent current labour income can explain the relative change in aggregate consumption ...