A team of professional dissertation writers have already written lots of pages on the topics connected with consumption behavior, therefore some professional tips from experienced dissertation writers will be a good background for your dissertation! First of all, you should define a direction in which you’re going to move and exactly this part of work was made by professional dissertation writers, just pay attention to their dissertation outline:
Professional Dissertation Writers suggest you to examine in this paper the effect of the real interest rate on consumption behavior, taking into consideration the presence of money market imperfections. Thus, alternative proxies for the opportunity cost of holding real balances are considered to test the sensitivity of the consumption function to the changing money market conditions.
Here is suggested by Professional Dissertation Writers Chapters content:
Section II, as it see Professional Dissertation Writers, discusses the issue in relevance to the consumption behavior in consideration of the interest rate. Section III outlines the theory of consumption function and the issues related to estimating the consumption function and to the structural characteristics of money markets in the developing countries. Section IV presents the empirical results and Section V includes the concluding remarks.
The effect of interest rate on consumption behavior as well as the development of the theory of consumption function has been fascinating but controversial. As literature research of Professional Dissertation Writers ascertained, a previous study by Keynes (1936), stated that the interest rate was considered to be the prime determinant of savings. Keynes demonstrated that fluctuations in the short run interest rate had no significant effect on spending decisions. Meanwhile, in a different study, Kuznets (1946) reported that the savings rate remained stable over the long run. However, in Modigliani’s (1953) life cycle hypothesis (LCH), the interest rate played an important part in measuring the consumer’s expected future earnings and net worth which, in turn, influenced consumption behavior. In Friedman’s (1957) permanent income hypothesis (PIH), the rate of interest became a major determinant of the marginal propensity to consume out of permanent income. Professional Dissertation Writers strongly advise you to pay attention to the works of mentioned authors.
- Literature Review
Professional Dissertation Writers advise you to focus your attention on:
The Modern Model(s) of Consumption
The Implications of the Pure Theory of Consumer Behavior
Structural Characteristics of Money Markets in the Developing Countries
Issues in Estimating the Consumption Function in the Developing Countries
- Research Methodology
The main aspects of this dissertation writing are the research design and data gathering procedure.
- Presentation, Analysis and Interpretation of Data
Professional dissertation writers advise to make your own survey on consumption behavior and present obtained results in this chapter.
- Summary, Conclusions and Recommendations
Dissertation summary usually includes a brief sizing up accomplished work and giving suggestions and recommendations on how to influence on consumption behavior.