Permanent Income, Current Income, and Consumption

1 July 1990

journal article
Published by JSTOR in Journal of Business & Economic Statistics

Vol. 8 (3) , 265
https://doi.org/10.2307/1391964

Abstract

This article reexamines the consistency of the permanent-income hypothesis with aggregate postwar U.S. data. The permanent-income hypothesis is nested within a ...

Keywords

PERMANENT INCOME
CURRENT INCOME
CONSISTENCY
ARTICLE REEXAMINES
POSTWAR U.S
AGGREGATE POSTWAR

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