Browsing Matematisk institutt by Author "Cappelen, Ådne"

Now showing items 1-1 of 1

  • The Consumption Euler Equation or the Keynesian Consumption Function? 
    Boug, Pål; Cappelen, Ådne; Jansen, Eilev S; Swensen, Anders Rygh (Journal article / Tidsskriftartikkel / PublishedVersion; Peer reviewed, 2020)
    We formulate a general cointegrated vector autoregressive (CVAR) model that nests both a class of consumption Euler equations and various Keynesian‐type consumption functions. Using likelihood‐based methods and Norwegian ...