How forward looking are consumers? Further evidence for the United States.
A modified version of a standard model of consumption is developed to test how forward looking consumers are. The model supports the existence of both rule-of-thumb consumers and consumers who are, to some degree, myopic with regard to their future income and taxes. However, the model assumes that...
| Publicado en: | Southern Economic Journal Vol. 66; no. 4; pp. 991 - 1001 |
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| Formato: | Artículo |
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Southern Economic Association
April 2000
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| Acceso en línea: | Ver este registro en EBSCOhost |