@article{ijefm2017522,
author={{DJEDDI, Tarek and LOUAFI, Tayeb and BRIKA, Said},
title={Empirical Test of the Rational Expectations-permanent Income Hypothesis: Abel and Mishkin¡¯s General Approach: Evidence from Algeria},
journal={International Journal of Econometrics and Financial Management},
volume={5},
number={2},
pages={33--36},
year={2017},
url={http://pubs.sciepub.com/ijefm/5/2/2},
issn={2374-2038},
abstract={The purpose of this paper is to test through an empirical analysis the Rational Expectations-Permanent Income Hypothesis. To do this, we referred to the General approach of Abel and Mishkin (1983). Our econometric tests are based on annual data over the period [1985-2015] related to households in Algeria. Our results show the rejection of the general approach¡¯s model which leads to the rejection of the Rational Expectations-Permanent Income Hypothesis. As finding, Algerian households do not form rational expectations about their future income.},
doi={10.12691/ijefm-5-2-2}
publisher={Science and Education Publishing}
}