An analysis of income uncertainty on consumption in Hong Kong.

Description

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

Links & Downloads

1. cuhk:319084
2. http://library.cuhk.edu.hk/record=b5887521
3. http://repository.lib.cuhk.edu.hk/en/item/cuhk-319084

Tags

Consumption (Economics)

Additional Fields

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/)