Consumption and saving: Another glance at the life cycle framework
This paper investigates the behavior of consumption and saving in Malaysia from the perspective of the life cycle hypothesis (LCH). Specifically, the analysis employs the Deaton-Paxson model which decomposes the pattern of household consumption and saving into age effects and cohort effects. Using t...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
American Research Institute for Policy Development
2016
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/27328/1/JEPS%205%203%202017%20105%20114.pdf |