Demographic Effects and the Multiperiod Consumption Function.
Past empirical studies of the aggregate-consumption function have often assumed constancy of the age distribution of the population. This paper relaxes that assumption by specifying a multiperiod-consumption function which introduces age-distribution parameters explicitly into the model. This is acc...
| Publicado en: | Journal of Political Economy Vol. 80; no. 1; pp. 125 - 139 |
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| Formato: | Artículo |
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University of Chicago Press
Jan/Feb72
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| Acceso en línea: | Ver este registro en EBSCOhost |