Transcription of The Permanent Income Hypothesis
{{id}} {{{paragraph}}}
Example: confidence
The Permanent Income Hypothesis
This PDF is a selection from an out-of-print volume from the NationalBureau of Economic ResearchVolume Title: A Theory of the Consumption FunctionVolume Author/Editor: Milton FriedmanVolume Publisher: Princeton University PressVolume ISBN: 0-691-04182-2 Volume URL: Date: 1957 Chapter Title: The Permanent Income HypothesisChapter Author: Milton FriedmanChapter URL: pages in book: (p. 20 - 37)CHAPTER IIITheIncome HypothesisTHE magnitudes termed " Permanent Income " and " Permanent con-sumption" that play such a critical role in the theoretical analysiscannot be observed directly for any individual consumer unit.
PERMANENT INCOME HYPOTHESIS earlier workers have done, or to resort to more indirect means of establishing a correspondence between .the theoretical constructs and
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: