Abstract
The study analyses the factors affecting Bangladesh's real private aggregate consumption (RPAC). The Auto regressive Distributed Lag Model (ARDL) model has been used to achieve the study's objective by considering the time series data from 1980 to 2021. The study's findings show that, in the case of Bangladesh, wealth and Gross Domestic Product (GDP effects on RPAC are quite similar. Nevertheless,the effect of GDP is vital in the short run, while wealth is prominent in the long run. However, the real interest and unemployment rates have had the same results. The long-term outcomes showed a negative influence of real interest rates on RPAC as a sign of an impact on income.The current income, real interest, and unemployment rates are expected to play a key role in determining the Bangladesh RPAC in the short run.
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