Theory of the Consumption Function 9780691188485
What is the exact nature of the consumption function? Can this term be defined so that it will be consistent with empiri
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English Pages 296 [259] Year 2018
Table of contents :
Preface
Contents
List of Tables
I. Introduction
II. The Implications of the Pure Theory of Consumer Behavior
III. The Permanent Income Hypothesis
IV. Consistency of the Permanent Income Hypothesis with Existing Evidence on the Relation between Consumption and Income : Budget Studies
V. Consistency of the Permanent Income Hypothesis with Existing Evidence on the Relation between Consumption and Income: Time Series Data
VI. The Relation Between the Permanent Income and Relative Income Hypotheses
VII. Evidence from Income Data on the Relative Importance of Permanent and Transitory Components of Income
VIII. A Miscellany
IX. Summary and Conclusion
Index
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