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ArtikelA Retrospective on Friedman’s Theory of Permanent Income  
Oleh: Meghir, Costas
Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: The Economic Journal (EBSCO) vol. 114 no. 496 (May 2004), page F293-F306.
Topik: INCOME; retrospective; friedman's theory; permanent income
Fulltext: F293.pdf (186.23KB)
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  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE28.14
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikelFriedman's book on the consumption function is one of the great works of Economics demonstrating how the interplay between theoretical ideas and data analysis can lead to major policy implications. We present a short review of Friedman's permanent income hypothesis, the origins of the idea and its theoretical foundations. We give a brief overview of its influence in modern economics and discuss some relevant empirical results and the way they relate to the original approach taken by Friedman.
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