Consumption vs. Expenditure
收藏NBER2004-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w10307
下载链接
链接失效反馈官方服务：
资源简介：
Standard tests of the permanent income hypothesis (PIH) using data on nondurables typically equate expenditures with consumption. However, as noted by Becker (1965), consumption is the output of a home production' function that uses both expenditure and time as inputs. With this in mind, we revisit
采用非耐用品数据开展的持久收入假说（permanent income hypothesis, PIH）标准检验，通常将支出直接等同于消费。但正如贝克尔（Becker, 1965）所指出的，消费实为以支出与时间作为两类投入的家庭生产函数的产出。基于此认知，我们重新审视
提供机构：
美国国家经济研究局
创建时间：
2004-02-01
