Blar i Norges Banks vitenarkiv på emneord "Granger causality"
Viser treff 1-1 av 1
-
Did Us Consumers ”Save for a Rainy Day” Before the Great Recession?
(Working Papers;8/2015, Working paper, 2015)The 'saving for a rainy day' hypothesis implies that households' saving decisions reflect that they can (rationally) predict future income declines. The empirical relevance of this hypothesis plays a key role in discussions ...