Income, Saving, and the Theory of Consumer Behavior"Under the title 'The consumption functionş the original version of this book was submitted as a doctoral dissertation at the University of Michigan in February 1948." Bibliography: p. [117]-124. |
Contents
INTRODUCTION I | 1 |
A REFORMULATION OF THE THEORY OF SAVING | 17 |
A THEORY VERSUS THE FACTS | 47 |
Copyright | |
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Common terms and phrases
absolute level age distribution aggregate savings ratio analysis assets assumption average breakeven budget study data Business Cycle cent changes Chapter choices comparative statics concept considerations consumer behavior consuming unit consumption function consumption standard correlation current consumption current income deficits depends depression derived relation desires disposable income dissaving durables effect empirical basis ence equations equilibrium ethical explain families future income given higher hypothesis important income distribution increase in income independent indifference curve individual influence interdependence of preferences interest rates invariant Keynesian Kuznets level of income living standard Lorenze curve marginal productivity marginal rate ment Negroes nomic past income peak percentile position period population preference functions preference system problem proportion psychological real income reduce retired saving and income shown sumer sumption suppose taxes theory of consumer tion trade cycle trend factors unemployment utility index utility theory variables welfare economics welfare function Yt/Yo zero