L14: Consumption Function

This lecture is based on Chapter 10: Consumption Functions in R L Thomas Introduction to Econometrics. This goes through the Hendry Methodology for estimating a consumption function. The appendix provides step by step instructions on how to estimate a consumption function.

The textbook "Introductory Econometrics" by R L Thomas can be accessed by members of the AZ Research Group only.

For more readings and additional materials, see: https://sites.google.com/site/pidevcasadzaman/consumption-function