AN EMPIRICAL INVESTIGATION OF CONSUMPTION BEHAVIOUR IN SELECTED OIC COUNTRIES

AN EMPIRICAL INVESTIGATION OF CONSUMPTION BEHAVIOUR IN SELECTED OIC COUNTRIES

This study examines the consumption behaviour in Organization of Islamic Cooperation (OIC) countries. It presents empirical evidence on rational expectations permanent income hypothesis (RE-PIH) and tests whether the phenomena of myopia, liquidity constraints or loss aversion impede forward-looking...

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Bibliographic Details
Main Authors: Salman Ahmed Shaikh, Mohd Adib Ismail, Abdul Ghafar Ismail, Shahida Shahimi, Muhammad Hakimi Mohd. Shafiai
Format: Article
Language:English
Published: Bank Indonesia 2018-08-01
Series:Journal of Islamic Monetary Economics and Finance
Subjects:
myopia
liquidity constraints
loss aversion
intertemporal elasticity of substitution
Online Access:https://jimf-bi.org/index.php/JIMF/article/view/785

Internet

https://jimf-bi.org/index.php/JIMF/article/view/785

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