Author: Luigi ErminiPublisher:
ISBN:
Category :
Languages : en
Pages : 9
Book Description
Transitory Consumption and Measurement Errors in the Permanent Income Hypothesis
Author: Luigi ErminiMeasurement Errors and the Permanent Income Hypothesis
Author: Surjit BhallaPublisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 68
Book Description
Weekly Weather and Crop Bulletin
Author: Permanent Income, Wealth, and Consumption
Author: Thomas MayerPublisher: University of California Press
ISBN: 0520337158
Category : Business & Economics
Languages : en
Pages : 432
Book Description
This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1972.
Expectations in the Consumption Function
Author: Yongsan LiPublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 312
Book Description
Transitory Consumption and Measurement Errors in the Permanent Income Hypothesis
Author: Luigi ErminiPublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 26
Book Description
The Permanent Income Hypothesis and Consumption Durability
Author: Fumio HayashiPublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 74
Book Description
The permanent income hypothesis is tested on a four-quarter panel of about two thousand Japanese households for ten commodity groups. Consumption is a distributed lag function of expenditures, and the utility function is additively separable in time. Durability is defined as the persistence of the distributed lag. The permanent income hypothesis implies that, for each commodity group, expected change in expenditures is correlated neither with past expenditure changes on other commodities nor with expected change indisposable income, if its own lags are controlled for. The main results are the following: (1) durability is substantial even for food and services, (2)the permanent income hypothesis applies to almost all (probably more than ninety percent) of the population, and (3) the habit persistence hypothesis is rejected in favor of the permanent income hypothesis.
The Permanent-income Hypothesis of the Demand for Money
Author: Richard Einer PetersonPublisher:
ISBN:
Category :
Languages : en
Pages : 272
Book Description
Alternative Models of Consumer Behavior: the Permanent Income Hypothesis and the Life Cycle Hypothesis
Author: Robert Sumner HolbrookPublisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 290
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.