Consumption over the Life Cycle and over the Business Cycle
收藏NBER1993-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4453
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The main aim of this paper is to assess the validity of the life cycle model of consumption. In particular, we address an issue that has recently received much attention, especially in the macroeconomic literature: that of "excess sensitivity" of consumption growth to income growth. We do this using
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美国国家经济研究局创建时间：
1993-09-01
