An estimation of the deep parameters describing the consumer behaviour of Argentina

Autores
Ahumada, Hildegart; Garegnani, María Lorena
Año de publicación
2003
Idioma
inglés
Tipo de recurso
documento de conferencia
Estado
versión publicada
Descripción
This paper dealt with the estimation of the structural parameters of the aggregate consumer behaviour for Argentina following the Euler Equation-GMM approach. The rates of returns on assets were approximated by the real interest rate and the rate of growth of real exchange rate, since they were the main variables explaining variations of “wealth”. The results show that parameter estimates have the expected values and the correct signs. The validity of the overidentifying restrictions is tested and the null hypothesis of validity of instruments is not rejected. However, parameter constancy Is rejected.
Facultad de Ciencias Económicas
Materia
Ciencias Económicas
consumer behaviour
Euler-Equation
Generalised Method of Moments
Nivel de accesibilidad
acceso abierto
Condiciones de uso
http://creativecommons.org/licenses/by-nc-sa/4.0/
Repositorio
SEDICI (UNLP)
Institución
Universidad Nacional de La Plata
OAI Identificador
oai:sedici.unlp.edu.ar:10915/170378
Acceder
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oai_identifier_str oai:sedici.unlp.edu.ar:10915/170378
network_acronym_str SEDICI
repository_id_str 1329
network_name_str SEDICI (UNLP)
spelling An estimation of the deep parameters describing the consumer behaviour of ArgentinaAhumada, HildegartGaregnani, María LorenaCiencias Económicasconsumer behaviourEuler-EquationGeneralised Method of MomentsThis paper dealt with the estimation of the structural parameters of the aggregate consumer behaviour for Argentina following the Euler Equation-GMM approach. The rates of returns on assets were approximated by the real interest rate and the rate of growth of real exchange rate, since they were the main variables explaining variations of “wealth”. The results show that parameter estimates have the expected values and the correct signs. The validity of the overidentifying restrictions is tested and the null hypothesis of validity of instruments is not rejected. However, parameter constancy Is rejected.Facultad de Ciencias Económicas2003-11info:eu-repo/semantics/conferenceObjectinfo:eu-repo/semantics/publishedVersionObjeto de conferenciahttp://purl.org/coar/resource_type/c_5794info:ar-repo/semantics/documentoDeConferenciaapplication/pdfhttp://sedici.unlp.edu.ar/handle/10915/170378enginfo:eu-repo/semantics/altIdentifier/url/https://bd.aaep.org.ar/anales/works/works2003/Ahumada_Garegnani.pdfinfo:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by-nc-sa/4.0/Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)reponame:SEDICI (UNLP)instname:Universidad Nacional de La Platainstacron:UNLP2025-10-22T17:24:15Zoai:sedici.unlp.edu.ar:10915/170378Institucionalhttp://sedici.unlp.edu.ar/Universidad públicaNo correspondehttp://sedici.unlp.edu.ar/oai/snrdalira@sedici.unlp.edu.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:13292025-10-22 17:24:15.729SEDICI (UNLP) - Universidad Nacional de La Platafalse
dc.title.none.fl_str_mv An estimation of the deep parameters describing the consumer behaviour of Argentina
title An estimation of the deep parameters describing the consumer behaviour of Argentina
spellingShingle An estimation of the deep parameters describing the consumer behaviour of Argentina
Ahumada, Hildegart
Ciencias Económicas
consumer behaviour
Euler-Equation
Generalised Method of Moments
title_short An estimation of the deep parameters describing the consumer behaviour of Argentina
title_full An estimation of the deep parameters describing the consumer behaviour of Argentina
title_fullStr An estimation of the deep parameters describing the consumer behaviour of Argentina
title_full_unstemmed An estimation of the deep parameters describing the consumer behaviour of Argentina
title_sort An estimation of the deep parameters describing the consumer behaviour of Argentina
dc.creator.none.fl_str_mv Ahumada, Hildegart
Garegnani, María Lorena
author Ahumada, Hildegart
author_facet Ahumada, Hildegart
Garegnani, María Lorena
author_role author
author2 Garegnani, María Lorena
author2_role author
dc.subject.none.fl_str_mv Ciencias Económicas
consumer behaviour
Euler-Equation
Generalised Method of Moments
topic Ciencias Económicas
consumer behaviour
Euler-Equation
Generalised Method of Moments
dc.description.none.fl_txt_mv This paper dealt with the estimation of the structural parameters of the aggregate consumer behaviour for Argentina following the Euler Equation-GMM approach. The rates of returns on assets were approximated by the real interest rate and the rate of growth of real exchange rate, since they were the main variables explaining variations of “wealth”. The results show that parameter estimates have the expected values and the correct signs. The validity of the overidentifying restrictions is tested and the null hypothesis of validity of instruments is not rejected. However, parameter constancy Is rejected.
Facultad de Ciencias Económicas
description This paper dealt with the estimation of the structural parameters of the aggregate consumer behaviour for Argentina following the Euler Equation-GMM approach. The rates of returns on assets were approximated by the real interest rate and the rate of growth of real exchange rate, since they were the main variables explaining variations of “wealth”. The results show that parameter estimates have the expected values and the correct signs. The validity of the overidentifying restrictions is tested and the null hypothesis of validity of instruments is not rejected. However, parameter constancy Is rejected.
publishDate 2003
dc.date.none.fl_str_mv 2003-11
dc.type.none.fl_str_mv info:eu-repo/semantics/conferenceObject
info:eu-repo/semantics/publishedVersion
Objeto de conferencia
http://purl.org/coar/resource_type/c_5794
info:ar-repo/semantics/documentoDeConferencia
format conferenceObject
status_str publishedVersion
dc.identifier.none.fl_str_mv http://sedici.unlp.edu.ar/handle/10915/170378
url http://sedici.unlp.edu.ar/handle/10915/170378
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv info:eu-repo/semantics/altIdentifier/url/https://bd.aaep.org.ar/anales/works/works2003/Ahumada_Garegnani.pdf
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Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)
eu_rights_str_mv openAccess
rights_invalid_str_mv http://creativecommons.org/licenses/by-nc-sa/4.0/
Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:SEDICI (UNLP)
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reponame_str SEDICI (UNLP)
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repository.name.fl_str_mv SEDICI (UNLP) - Universidad Nacional de La Plata
repository.mail.fl_str_mv alira@sedici.unlp.edu.ar
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