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- Title
EVOLUÇÃO DO CONSUMO DE DURÁVEIS E NÃO DURÁVEIS: EXISTE AJUSTAMENTO LENTO NO CASO BRASILEIRO?
- Authors
REIS GOMES, FÁBIO AUGUSTO
- Abstract
This paper analyzes the evolution of durable and nondurable goods consumption, examiningwhether consumers slowly adjust their consumption when new information becomes available, as proposed by Caballero (1990). The data is comprised by real per capita series of durable and nondurable consumption from 1970 to 2003. The results indicate that consumption of both durable and non-durable goods exhibits slow adjustment, yet not identical.
- Subjects
CONSUMPTION (Economics); DURABLE consumer goods; NONDURABLE goods; CONSUMER goods; ECONOMICS
- Publication
Brazilian Journal of Applied Economics / Economía Aplicada, 2013, Vol 17, Issue 2, p275
- ISSN
1413-8050
- Publication type
Article