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Working paper

Modelling New Zealand Consumption Expenditure over the 1990s (WP 02/19)

Issue date: 
Sunday, 1 September 2002
Status: 
Current
View point: 
Document Date: 
Publication category: 
JEL classification: 
D12 - Consumer Economics: Empirical Analysis
D91 - Intertemporal Household Choice; Life Cycle Models and Saving
E21 - Macroeconomics: Consumption; Saving; Wealth
E27 - Macroeconomics: Consumption, Saving, Production, Employment, and Investment: Forecasting and Simulation: Models and Applications

Formats and related files

This paper presents two models of consumption for the primary purpose of forecasting consumption expenditure growth in New Zealand.

Acknowledgements

We wish to thank Kam Szeto, Paul Gardiner, Nathan McLellan and Mardi Dungey for their insightful comments and suggestions during the preparation of this paper. Special thanks to Kam Szeto for encouraging us to expand our earlier internal work on consumption forecasting into a working paper.

Disclaimer

The views expressed in this Working Paper are those of the author(s) and do not necessarily reflect the views of the New Zealand Treasury. The paper is presented not as policy, but with a view to inform and stimulate wider debate.

Last updated: 
Tuesday, 23 October 2007