A theory of aggregate consumption
We develop a Keynesian model of aggregate consumption. Our theory emphasizes the importance of the relative income hypothesis and debt finance for understanding household consumption behavior. It is shown that particular importance attaches to how net debtor households service their debts, and that...
Saved in:
| Main Authors: | , , |
|---|---|
| 格式: | text |
| 語言: | English |
| 出版: |
Institutional Knowledge at Singapore Management University
2014
|
| 主題: | |
| 在線閱讀: | https://ink.library.smu.edu.sg/soe_research/2183 https://ink.library.smu.edu.sg/context/soe_research/article/3182/viewcontent/Theory_of_aggregate_consumption_pv.pdf |
| 標簽: |
添加標簽
沒有標簽, 成為第一個標記此記錄!
|
| 機構: | Singapore Management University |
| 語言: | English |