Household consumption in Singapore.

• Main Authors: Hui, Derek., Tan, Faris Hee Meng.
• Other Authors: Chen, Kang
• Format: Final Year Project
• Published: 2008
• Subjects: DRNTU::Social sciences::Economic theory
• Online Access: http://hdl.handle.net/10356/10819
• Institution: Nanyang Technological University

In this paper, estimated disposable income is used primarily as an independent variable in modelling a suitable consumption function in Singapore's context. The Almost Ideal Demand System (AIDS) and the Linear Expenditure System (LES) are also used to obtain the price elasticities, subsistence...