Bilgili, Faik - Volkswirtschaftliche Fakultät, … - 2007
This paper, using the Turkish data, employs a VAR model to decompose permanent and transitory shocks on consumption and … income. Pistoresi (1997), using USA data, reaches an empirical result that the permanent part of private consumption explains … consumption and income. Data used for this study is obtained from the Turkish Central Bank EDDS and ranges from 1987:1 to 2006 …