The Permanent Income Theory of Consumption--A Restatement

1 May 1974

journal article
Published by Oxford University Press (OUP) in The Quarterly Journal of Economics

Vol. 88 (2) , 228-250
https://doi.org/10.2307/1883070

Abstract

I. Analysis of specification bias, 229. — II. Empirical results on specification bias, 234. — III. The reformulation of the permanent income hypothesis, 242. — IV. Further results and conclusions, 247.

Keywords

PERMANENT INCOME
INCOME THEORY
INCOME HYPOTHESIS
RESTATEMENT
REFORMULATION
BIAS
EMPIRICAL RESULTS
III

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