01608cas a2200241 a 4500 AALejournalIMF000345 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451968439 1018-5941 BD-DhAAL BD-DhAAL Bayoumi, Tamim. Explaining Consumption : A Simple Test of Alternative Hypotheses / Tamim Bayoumi. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (29 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students A method of testing the relative importance for consumption of risk sharing behavior and changes in current income is proposed and estimated using data across Canadian provinces. The focus of the estimation is less on whether or not the risk sharing model can be rejected than on how much each of these hypotheses can contribute to explaining overall variation in consumption. Both types of behavior are found to be statistically significant, but the risk sharing model is found to explain considerably more of the growth in consumption than does changes in income. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1997/056 Full text available on IMF http://elibrary.imf.org/view/journals/001/1997/056/001.1997.issue-056-en.xml IMF e-Library