Price and Income Elasticity of Australian Retail Finance: An Autoregressive Distributed Lag (ARDL) Approach
This paper models the price and income elasticity of retail finance in Australia using aggregate quarterly data and an autoregressive distributed lag (ARDL) approach. We particularly focus on the impact of the global financial crisis (GFC) from 2007 onwards on retail finance demand and analyse four...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
University of Wollongong
2014-03-01
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Series: | Australasian Accounting, Business and Finance Journal |
Subjects: | |
Online Access: | http://ro.uow.edu.au/aabfj/vol8/iss1/7 |