Myopic consumption and wage increase: The case of Lebanon
The paper empirically examines using cointegration analysis consumption's myopic behavior in Lebanon. Empirical results points to the existence of a one-to one long-run relationship between consumption and income over the period 1977–2013. Meanwhile, consumption and income found to be causally...
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| Format: | Article |
| Language: | English |
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Business School, Holy Spirit University of Kaslik (USEK)
2016-12-01
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| Series: | Arab Economic and Business Journal |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2214462516300196 |