The aggregate consumption puzzle in Singapore
The aggregate consumption puzzle in Singapore
The aggregate consumption puzzle in Singapore
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
578 T. Abeys<strong>in</strong>ghe, K.M. Choy / Journal of Asian Economics 15 (2004) 563–578<br />
Johansen, S. (1988). Statistical analysis of co<strong>in</strong>tegration vectors. Journal of Economic Dynamics and Control,<br />
12, 231–254.<br />
Kuznets, S. (1946). National product s<strong>in</strong>ce 1869. New York: National Bureau of Economic Research, Pr<strong>in</strong>ceton<br />
University Press.<br />
Lim, C. Y., & Associates (1988). Policy options for the S<strong>in</strong>gapore economy. S<strong>in</strong>gapore: McGraw-Hill.<br />
Ludwig, A., & Sløk, T. (2002). <strong>The</strong> impact of changes <strong>in</strong> stock prices and house prices on <strong>consumption</strong> <strong>in</strong> the<br />
OECD countries (IMF Work<strong>in</strong>g Paper WP/02/1).<br />
MacK<strong>in</strong>non, J. G. (1991). Critical values for co<strong>in</strong>tegration tests. In R. F. Engle & C. W. J. Granger (Eds.), Longrun<br />
economic relationships. Oxford: Oxford University Press.<br />
Monetary Authority of S<strong>in</strong>gapore. (1993). Annual Report 1993/1994.<br />
Phang, S. Y. (2004). House prices and <strong>aggregate</strong> <strong>consumption</strong>: Do they move together? Evidence from<br />
S<strong>in</strong>gapore. Journal of Hous<strong>in</strong>g Economics, 13, 101–119.<br />
Peebles, G., & Wilson, P. (2002). Economic growth and development <strong>in</strong> S<strong>in</strong>gapore: Past and future. Cheltenham,<br />
UK: Edward Elgar.<br />
Rao, B., & Lee, C. (1995). Sources of growth <strong>in</strong> the S<strong>in</strong>gapore economy and its manufactur<strong>in</strong>g and service<br />
sectors. S<strong>in</strong>gapore Economic Review, 40, 83–115.<br />
Stock, J., & Watson, M. (1993). A simple estimator of co<strong>in</strong>tegrat<strong>in</strong>g vectors <strong>in</strong> higher order <strong>in</strong>tegrated systems.<br />
Econometrica, 61, 783–820.<br />
Toh, M. H., & Ramstetter E. D. (1994). A structural L<strong>in</strong>k model of S<strong>in</strong>gapore for Asian l<strong>in</strong>k. In S. Ichimura & Y.<br />
Matsumoto (Eds.), Econometric models of Asian–Pacific countries. Tokyo: Spr<strong>in</strong>ger-Verlag.<br />
Wong, K. P. (1974). A macroeconomic model of S<strong>in</strong>gapore, 1960–69. S<strong>in</strong>gapore Economic Review, 19, 35–45.