by Au Yeung Chi Wai, Alan, Choy Wai Shu, Vivian. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1993. / Includes bibliographical references (leaves 45-49). / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / ACKNOWLEDGEMENT --- p.v / CHAPTER / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- LITERATURE REVIEW --- p.5 / Theory of Consumption with Income Uncertainty --- p.5 / Linear Moment Model --- p.7 / Autoregressive Conditional Heteroscedasticity Model --- p.9 / Specification Tests --- p.12 / Chapter III. --- SOME EVIDENCE ON THE RELEVANCE OF VARIANCE OF INCOME --- p.13 / Stationarity and Integration --- p.13 / Order of Integration of Income Series --- p.16 / Order of Integration of the Other Series --- p.18 / Cointegration Properties of the Series --- p.20 / The Influence of Income Uncertainty on Consumption --- p.23 / Chapter IV. --- LM AND ARCH ESTIMATIONS OF THE VARIANCE OF INCOME --- p.29 / Specification of the Income Equation --- p.29 / Estimation of the Variance of Income under the LM Model --- p.30 / Estimation of the Variance of Income under the ARCH Model --- p.31 / Comparison of LM Variance and ARCH Variance --- p.33 / Chapter V. --- THE CONSUMPTION FUNCTION AND THE RELEVANCE OF INCOME UNCERTAINTY --- p.37 / Specification of the Consumption Equation --- p.37 / LM Variances in the Consumption Function --- p.38 / ARCH Variances in the Consumption Function --- p.39 / Specification Test for the Inclusion of the Variance of Income … --- p.39 / Consumption Function Using Alternative Variance Series --- p.40 / Chapter VI. --- CONCLUSION --- p.44 / BIBLIOGRAPHY --- p.47 / DATA SOURCES --- p.50 / APPENDIX A --- p.51 / APPENDIX B --- p.64
Identifer | oai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_319084 |
Date | January 1993 |
Contributors | Choy, Wai Shu Vivian., Chinese University of Hong Kong Graduate School. Division of Business Administration. |
Publisher | Chinese University of Hong Kong |
Source Sets | The Chinese University of Hong Kong |
Language | English |
Detected Language | English |
Type | Text, bibliography |
Format | print, v, 73 leaves ; 30 cm. |
Coverage | China, Hong Kong |
Rights | Use of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
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