Excess Sensitivity of Consumption to Current Income: Liquidity Constraints or Myopia?
收藏NBER1984-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1341
下载链接
链接失效反馈官方服务：
资源简介：
Almost all of the recent empirical tests of the rational expectations - permanent income hypothesis (RE-PIH) have rejected the hypothesis. The null hypothesis in this empirical literature typically consists of the joint hypothesis that 1) agents' expectations are formed rationally, 2) desired
提供机构：
美国国家经济研究局
创建时间：
1984-05-01
