Endurance G. Udo

An Empirical Assessment of Permanent Income Hypothesis: Evidence from Households Consumption Patterns in North-East Senatorial District of Akwa Ibom State

Anietie E. Ekang, Endurance G. Udo, Ofonime M. Akpan & Aniekan Edwin Sunday · Asian Journal of Economics, Business and Accounting · 2026

This study empirically investigates the applicability of the Permanent Income Hypothesis (PIH) to household consumption expenditure in Akwa Ibom State, Nigeria, using primary data from 403 households. Data were collected on household income, consumption expenditure, savings, and...