The Treasury

Global Navigation

Personal tools

References

Acemoglu, D. and Scott A. (1994), “Consumer confidence and rational expectations: are agents’ beliefs consistent with the theory?”, The Economic Journal, 104 (January), 1-19.

Attanasio, O. P. (1998), “Consumption demand”, National Bureau of Economic Research Working Paper 6466.

Bertaut, C. C. (2002), “Equity prices, household wealth, and consumption growth in foreign industrial countries: wealth effects in the 1990”, Federal Reserve Board International Finance Discussion Paper No. 724.

Boone, L., Giorno, C. and Richardson, P. (1998), “Stock market fluctuations and consumption behaviour: some recent evidence”, Organisation for Economic Co-operation and Development Economics Department Working Paper No. 208.

Boone, L., Girouard, N. and Wanner, I. (2001), “Financial market liberalisation, wealth and consumption”, Organisation for Economic Co-operation and Development Economics Department Working Paper No. 308.

Carroll, C. D., Fuhrer J. C. and Wilcox D. W. (1994), “Does consumer sentiment forecast household spending? If so, why?”, The American Economic Review, 84(5), 1397-1408.

Case, K. E., Quigley, J. M. and Shiller, R. J. (2001), “Comparing wealth effects: the stock market versus the housing market”, National Bureau of Economic Research Working Paper 8606.

Church, K. B., Smith, P. N. and Wallis, K. F. (1994), “Econometric evaluation of consumers’ expenditure equations”, Oxford Review of Economic Policy, 10(2), 71-85.

Corfield, I. (1992), “Modelling household consumption expenditure in New Zealand”, Reserve Bank of New Zealand Discussion Paper No. G92/9.

Davis, M. A. and Palumbo, M. G. (2001), “A primer on the economics and time series econometrics of wealth effects”, Federal Reserve Board Finance and Economics Discussion Paper No. 2001-09.

Deaton, A. (1986), “Life-cycle models of consumption: is the evidence consistent with the theory?”, National Bureau of Economic Research Working Paper 1910.

Davidson, J. E. H., Hendry, D. F., Srba, F. and Yeo, S. (1978), “Econometric modelling of the aggregate time-series relationship between consumers’ expenditure and income in the United Kingdom”, The Economic Journal, 88, 661-692.

Downing, R. (2001), “A consumption equation”, Internal Paper, The Treasury.

Fernandez-Corugedo, E. and Price, S. (2002), “Financial liberalisation and consumers’ expenditure: ‘FLIB’ re-examined”, Bank of England Working Paper.

Girouard, N. and Blöndal, S. (2001), “House prices and economic activity”, Organisation for Economic Co-operation and Development Economics Department Working Paper No. 279.

Hall, R. E. (1978), “Stochastic implications of the life cycle-permanent income hypothesis: theory and evidence”, Journal of Political Economy, 86(6), 971-987.

Hendry, D. F., Muellbauer, J. N. J. and Murphy, A. (1990), “The econometrics of DHSY”, in J. D. Hey and D. Winch (eds), A Century of Economics: 100 years of the Royal Economic Society and the Economic Journal, Oxford, 298-334.

Ludvigson, S. and Steindel, C. (1999), “How important is the stock market effect on consumption?”, Federal Reserve Bank of New York, Economic Policy Review, July 1999, 29-51.

McDermott, J. (1990), “A time series analysis of New Zealand consumer expenditure by durability”, Reserve Bank of New Zealand Discussion Paper No. G90/1.

Muellbauer, J. (1994), “The assessment: consumer expenditure”, Oxford Review of Economic Policy, 10(2), 1-41.

Poterba, J. M. (2000), “Stock market wealth and consumption”, Journal of Economic Perspectives, 14(2), 99-118.

Rae, D. (1997), “A forward-looking model of aggregate consumption in New Zealand”, New Zealand Economic Papers, 31(2), 199-220.

Sargan, J. D. (1964), “Wages and prices in the United Kingdom: a study in econometric methodology”, reproduced in J. D. Sargan (ed) (1988), Contributions to econometrics, Volume 1, Cambridge University Press, 124-158.

Tan, A. and Voss, G. (2000), “Consumption and wealth”, Reserve Bank of Australia Research Discussion Paper 2000-09.

Thorp, C. and Ung, B. (2000), “Trends in household assets and liabilities since 1978”, Reserve Bank of New Zealand Bulletin, 63(2), 17-37.

Page top