Analysis of the consumption function

Author: He Juhuang
Publisher:
Publish Date: 2000-01-01
Features: This book is one of the works in the "21st Century Economics Library." Based on a comprehensive analysis and critique of previous research, this book establishes a theoretical foundation based on the life cycle hypothesis. It then makes three assumptions about consumer behavior that are close to reality, thereby exploring the form of the consumption function and its steady-state properties, and estimates China's consumption function.