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Behavioral foundations for the Keynesian consumption function

  • D'Orlando, Fabio
  • Sanfilippo, Eleonora

This paper has two main goals. The first is to investigate the role that behavioral principles play in the micro-foundation of Keynes's consumption theory, the second to discuss the possibility of grounding a Keynesian-type aggregate consumption function on the basis of (some of) the principles underlying contemporary behavioral models.

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File URL: http://www.sciencedirect.com/science/article/pii/S0167-4870(10)00107-8
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Article provided by Elsevier in its journal Journal of Economic Psychology.

Volume (Year): 31 (2010)
Issue (Month): 6 (December)
Pages: 1035-1046

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Handle: RePEc:eee:joepsy:v:31:y:2010:i:6:p:1035-1046
Contact details of provider: Web page: http://www.elsevier.com/locate/joep

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