The Effects of Interest and Inflation Rates on Consumption Expenditure: Application of Consumer Spending Model

<p>Using modified consumer spending model and data that span the period of 1981-2011, the study examines the effects of interest and inflation rates (proxy - consumer price index) on Consumer Spending. The study extended its investigation into the causal relationship between consumer spending...

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Bibliographic Details
Main Authors: Charles O. Manasseh, Felicia C. Abada, Jonathan E. Ogbuabor, Josaphat U. J. Onwumere, Chinasa E. Urama, Okoro E. Okoro
Format: Article
Language:English
Published: EconJournals 2018-07-01
Series:International Journal of Economics and Financial Issues
Online Access:https://www.econjournals.com/index.php/ijefi/article/view/5084