Keywords: Consumption smoothing
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Journal Articles
Journal of Economic Studies (2012) 39 (3): 337–355.
Published: 27 July 2012
... test and the Siegel‐Tukey test to formally validate for equality of the variances of the optimal and actual consumption smoothing current accounts. Findings Based on vector autoregressive model, it was found that the present value of future net output closely reflects the evolution of the current...

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