Retirement Consumption Puzzle in Malaysia: Evidence from Bayesian Quantile Regression Model

The objective of this study is to use the Bayesian quantile regression for studying the retirement consumption puzzle, which is defined as the drop in consumption upon retirement, using the cross-sectional data of the Malaysian Household Expenditure Survey (HES) 2009/2010. Three different measures o...

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Bibliographic Details
Main Authors: Ros Idayuwati Alaudin, Noriszura Ismail, Zaidi Isa
Format: Article
Language:English
Published: Hindawi Limited 2019-01-01
Series:Journal of Probability and Statistics
Online Access:http://dx.doi.org/10.1155/2019/2723069