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Note sulla teoria del consumo
[Notes on consumption theory]

Author

Listed:
  • Travaglini, Giuseppe

Abstract

This is a short survey on consumption theory. Consumption is important to both fluctuation and growth. In addition, consumption introduces some important issues involving financial markets and portfolio decisions. We will describe consumption decisions in a dynamic context. Uncertainty about income and interest rates are introduce in the second part of the paper. The interaction between consumption decisions and portfolio choice is investigated in the third part of the paper.

Suggested Citation

  • Travaglini, Giuseppe, 2012. "Note sulla teoria del consumo [Notes on consumption theory]," MPRA Paper 36146, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:36146
    as

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    File URL: https://mpra.ub.uni-muenchen.de/36146/1/MPRA_paper_36146.pdf
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    References listed on IDEAS

    as
    1. Maurice Obstfeld & Kenneth S. Rogoff, 1996. "Foundations of International Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262150476, December.
    2. repec:ebl:ecbull:v:5:y:2008:i:6:p:1-9 is not listed on IDEAS
    3. Travaglini Giuseppe, 2008. "An exact consumption rule with liquidity constraints and stochastic income," Economics Bulletin, AccessEcon, vol. 5(6), pages 1-9.
    4. Gian Italo Bischi & Carl Chiarella & Laura Gardini (ed.), 2010. "Nonlinear Dynamics in Economics, Finance and Social Sciences," Springer Books, Springer, number 978-3-642-04023-8, November.
    5. Saltari, Enrico & Travaglini, Giuseppe, 2006. "The effects of future financing constraints on capital accumulation: Some new results on the constrained investment problem," Research in Economics, Elsevier, vol. 60(2), pages 85-96, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Consumption; dynamic; uncertainty; portfolio choice;
    All these keywords.

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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