Khundrakpam, Khundrakpam , J. K.; Ranjan, Rajiv - In: Indian Economic Review 44 (2009) 2, pp. 185-201
This study has used more recent data for 2006-07 and 2007-08 which are now available.Employing more recent data, we find that the earlier robust results that we had foundin the context of India are reaffirmed. Employing an inter-temporal model on a constructedprivate consumption series, the...