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