OPTIMAL CONSUMPTION WHEN INCOME FOLLOWS A MARKOV PROCESS
- 1 November 1984
- journal article
- Published by Wiley in Bulletin of Economic Research
- Vol. 36 (2) , 109-118
- https://doi.org/10.1111/j.1467-8586.1984.tb00529.x
Abstract
No abstract availableKeywords
This publication has 4 references indexed in Scilit:
- The Permanent Income Hypothesis: Estimation and Testing by Instrumental VariablesJournal of Political Economy, 1982
- The Adjustment of Consumption to Changing Expectations About Future IncomeJournal of Political Economy, 1981
- Optimal consumption under income uncertainty: An example and a conjectureEconomics Letters, 1980
- Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and EvidenceJournal of Political Economy, 1978