期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2012
卷号：12
期号：2
语种：English
出版社：Ovidius University Press
摘要：The paper aims at presenting an econometric model for the household’s individual final consumption in Romania with the declared intention of assessing the effect of several macroeconomic factors on consumption growth. The study is based on annual data for the dependent and independent variables from 1990 to 2011. The tested model estimates the influence of households’ income,wealth,approximated by the monetary aggregate M1,monetary policy interest rate and inflation rate on households’ consumption. The results show that households’ consumption is significantly influenced by households’ income as previously assumed and by wealth,approximated by the monetary aggregate M1. Neither the inflation rate nor the monetary policy interest rate,seem to have a considerable influence on households consumption.
关键词：households’ individual final consumption;model;influence;Romania
