Understanding Consumption
- 8 October 1992
- book chapter
- Published by Oxford University Press (OUP)
Abstract
The author reviews the main issues discussed in the book and places them in the wider context of the evolution of macroeconomic thought. It points out to new theoretical and empirical puzzles raised by research on consumption theory, especially financial puzzles associated with portfolio choice, taxation, and timing of Individual Retirement Accounts (IRAs).Keywords
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