An estimation of the deep parameters describing the consumer behaviour of Argentina

This paper dealt with the estimation of the structural parameters of the aggregate consumer behaviour for Argentina following the Euler Equation-GMM approach. The rates of returns on assets were approximated by the real interest rate and the rate of growth of real exchange rate, since they were the...

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Detalles Bibliográficos
Autores principales: Ahumada, Hildegart, Garegnani, María Lorena
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 2003
Materias:
Ciencias Económicas
consumer behaviour
Euler-Equation
Generalised Method of Moments
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/170378
Aporte de:
SEDICI (UNLP) de Universidad Nacional de La Plata
id I19-R120-10915-170378
record_format dspace
spelling I19-R120-10915-1703782024-09-20T04:08:17Z http://sedici.unlp.edu.ar/handle/10915/170378 An estimation of the deep parameters describing the consumer behaviour of Argentina Ahumada, Hildegart Garegnani, María Lorena 2003-11 2003 2024-09-19T17:17:48Z en Ciencias Económicas consumer behaviour Euler-Equation Generalised Method of Moments This paper dealt with the estimation of the structural parameters of the aggregate consumer behaviour for Argentina following the Euler Equation-GMM approach. The rates of returns on assets were approximated by the real interest rate and the rate of growth of real exchange rate, since they were the main variables explaining variations of “wealth”. The results show that parameter estimates have the expected values and the correct signs. The validity of the overidentifying restrictions is tested and the null hypothesis of validity of instruments is not rejected. However, parameter constancy Is rejected. Facultad de Ciencias Económicas Objeto de conferencia Objeto de conferencia http://creativecommons.org/licenses/by-nc-sa/4.0/ Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) application/pdf
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
consumer behaviour
Euler-Equation
Generalised Method of Moments
spellingShingle Ciencias Económicas
consumer behaviour
Euler-Equation
Generalised Method of Moments
Ahumada, Hildegart
Garegnani, María Lorena
An estimation of the deep parameters describing the consumer behaviour of Argentina
topic_facet Ciencias Económicas
consumer behaviour
Euler-Equation
Generalised Method of Moments
description This paper dealt with the estimation of the structural parameters of the aggregate consumer behaviour for Argentina following the Euler Equation-GMM approach. The rates of returns on assets were approximated by the real interest rate and the rate of growth of real exchange rate, since they were the main variables explaining variations of “wealth”. The results show that parameter estimates have the expected values and the correct signs. The validity of the overidentifying restrictions is tested and the null hypothesis of validity of instruments is not rejected. However, parameter constancy Is rejected.
format Objeto de conferencia
Objeto de conferencia
author Ahumada, Hildegart
Garegnani, María Lorena
author_facet Ahumada, Hildegart
Garegnani, María Lorena
author_sort Ahumada, Hildegart
title An estimation of the deep parameters describing the consumer behaviour of Argentina
title_short An estimation of the deep parameters describing the consumer behaviour of Argentina
title_full An estimation of the deep parameters describing the consumer behaviour of Argentina
title_fullStr An estimation of the deep parameters describing the consumer behaviour of Argentina
title_full_unstemmed An estimation of the deep parameters describing the consumer behaviour of Argentina
title_sort estimation of the deep parameters describing the consumer behaviour of argentina
publishDate 2003
url http://sedici.unlp.edu.ar/handle/10915/170378
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AT ahumadahildegart estimationofthedeepparametersdescribingtheconsumerbehaviourofargentina
AT garegnanimarialorena estimationofthedeepparametersdescribingtheconsumerbehaviourofargentina
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