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National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
Does consumption of household in the Czech Republic and Slovakia depend on absolute income or relative income?
 Spurná, Denisa ; Hudík, Marek (advisor) ; Potužák, Pavel (referee)
This work answers the question, whether household consumption in the Czech Republic and Slovakia depends on absolute income or relative income. Regression analysis showed that the consumption of Czech and Slovak households is consistent with the original Keynesian consumption function. Consumption behavior of Czech households is thus consistent with hypothesis of absolute income. Disposable income is the main factor affecting consumption in the Czech Republic and Slovakia, while the influence of lagged consumption is found insignificant.
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