Dynamic Factor Models of Consumption, Hours, and Income
收藏NBER1987-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w2155
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资源简介:
This paper addresses two questions. First, what are the key factors that affect a consumer's lifetime budget constraint and how do they evolve over the lifecycle? Second, how do consumers respond to changes in these factors? We examine the permanent income hypothesis and the Keynesian consumption
提供机构:
美国国家经济研究局
创建时间:
1987-02-01



