Boug, Pål; Mork, Knut Anton; Tjemsland, Trond - Statistisk Sentralbyrå, Government of Norway - 1995
The present paper uses the model by Campbell and Mankiw (1991) to examine the Norwegian consumer behavior and the role of the financial deregulation during the 1980s. For quarterly data on non-durables and services, we estimate the fraction of current income consumers to be in the range of 37%...