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- W4310536498 abstract "We contributed to the literature on household consumption in specific ways: firstly, we adopted a long-run cointegration analysis instead of a first-difference one, which was conventional in previous works; second, by building on monthly data, we enlarged the number of observations of our sample, thus overcoming a common problem of low-frequency data in studies based on quarterly or annual time series. We thus confirmed the hypothesis of an optimising behaviour in consumption for the Brazilian economy, although jointly with a relevant role of income. We also inferred the effect of risk aversion in lowering the optimality of consumption after the Subprime crisis period, based on a Markov-switching approach." @default.
- W4310536498 created "2022-12-11" @default.
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- W4310536498 date "2023-01-01" @default.
- W4310536498 modified "2023-09-26" @default.
- W4310536498 title "Consumption per effective labour in Brazil: testing for the optimising behaviour" @default.
- W4310536498 doi "https://doi.org/10.1504/ijcee.2023.127291" @default.
- W4310536498 hasPublicationYear "2023" @default.
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