EconPapers    
Economics at your fingertips  
 

A periodic cointegration model of quarterly consumption

Philip Hans Franses and Teun Kloek

Applied Stochastic Models and Data Analysis, 1995, vol. 11, issue 2, 159-166

Abstract: A periódic cointegration model is proposed to describe quarterly observed consumption. This model allows the cointegrating vectors and the adjustment parameters to vary with the seasons. Its links are discussed with an often considered standard economic theoretical model for macroeconomic variables like consumption. A simple empirical model specification strategy is given and applied to Austrian consumption and income data.

Date: 1995
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.1002/asm.3150110206

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:apsmda:v:11:y:1995:i:2:p:159-166

Access Statistics for this article

More articles in Applied Stochastic Models and Data Analysis from John Wiley & Sons
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2019-08-20
Handle: RePEc:wly:apsmda:v:11:y:1995:i:2:p:159-166