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, Dividenden und Marktkapitalisierung mittels Kointegration und zeigt so eine gegenüber den herkömmlich verwendeten Methoden …
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The study follows Modiglianis "Life Cycle Hypothesis" and surveys the influence of private income and wealth to private consumption. Dealing with data for the unified Germany from 1991 to 2002 linear regressions indicate a strong positive relationship between consumption and income. The...
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