Author: Harry Prescott BeighleyPublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 256
Book Description
A Theoretical and Empirical Examination of Consumption Function Hypotheses
Author: Harry Prescott BeighleyPublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 256
Book Description
A Theory of the Consumption Function
Author: Milton FriedmanPublisher: Courier Dover Publications
ISBN: 0486841812
Category : Business & Economics
Languages : en
Pages : 259
Book Description
This thought-provoking and influential book by a distinguished economist examines whether consumption behavior can be defined in a way that's supported by empirical evidence and useful for research and planning.
Theory of the Consumption Function
Author: Milton FriedmanPublisher: Princeton University Press
ISBN: 0691188483
Category : Business & Economics
Languages : en
Pages : 260
Book Description
What is the exact nature of the consumption function? Can this term be defined so that it will be consistent with empirical evidence and a valid instrument in the hands of future economic researchers and policy makers? In this volume a distinguished American economist presents a new theory of the consumption function, tests it against extensive statistical J material and suggests some of its significant implications. Central to the new theory is its sharp distinction between two concepts of income, measured income, or that which is recorded for a particular period, and permanent income, a longer-period concept in terms of which consumers decide how much to spend and how much to save. Milton Friedman suggests that the total amount spent on consumption is on the average the same fraction of permanent income, regardless of the size of permanent income. The magnitude of the fraction depends on variables such as interest rate, degree of uncertainty relating to occupation, ratio of wealth to income, family size, and so on. The hypothesis is shown to be consistent with budget studies and time series data, and some of its far-reaching implications are explored in the final chapter.
A Theoretical and Empirical Study on the Consumption Function
Author: Yngve WillassenPublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 196
Book Description
Early Empirical Findings on the Consumption Function, Stylized Facts Or Fiction
Author: Aris SpanosPublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 44
Book Description
The Economics of Consumption
Author: Tullio JappelliPublisher: Oxford University Press
ISBN: 0199383154
Category : Business & Economics
Languages : en
Pages : 313
Book Description
In The Economics of Consumption, Tullio Jappelli and Luigi Pistaferri provide a comprehensive examination of the most important developments in the field of consumption decisions and evaluate economic models against empirical evidence.
An Empirical and Theoretical Analysis of Short-run Consumption Functions
Author: Arnold ZellnerPublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 316
Book Description
Consumer Economics After Keynes
Author: George HadjimatheouPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 296
Book Description
A theory of the consumption function
Author: Milton FriedmanPublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 239
Book Description
Author: