A TIME-VARYING PARAMETER CONSUMPTION MODEL FOR THE UK

被引：2
|
作者：
SONG, H
机构：
[1] Department of Economics and Law, University of Abertay
来源：
APPLIED ECONOMICS LETTERS | 1995年 / 2卷 / 10期
关键词：
D O I：
10.1080/758518984
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper uses a time varying parameter (TVP) approach to model and forecast the aggregate consumers' expenditure on non-durables and services in the UK. The results suggest that the TVP method is particularly useful in forecasting when the structure of the consumption model is unstable.
引用
收藏
页码：339 / 342
页数：4
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