The Relative Income Theory of Consumption: A Synthetic Keynes-Duesenberry-Friedman Model
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References listed on IDEAS
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- Sadiye Baykara & Erdinç Telatar, 2012. "The Stationarity Of Consumption-Income Ratios With Nonlinear And Asymmetric Unit Root Tests: Evidence From Fourteen Transition Economies," Hacettepe University Department of Economics Working Papers 20129, Hacettepe University, Department of Economics.
- Himayatullah Khan, 2014. "An Empirical Investigation of Consumption Function under Relative Income Hypothesis: Evidence from Farm Households in Northern Pakistan," International Journal of Economic Sciences, University of Economics, Prague, vol. 2014(2), pages 43-52.
More about this item
KeywordsConsumption; permanent income; relative income; Keynes; Duesenberry; Friedman;
- E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2008-05-10 (All new papers)
- NEP-MAC-2008-05-10 (Macroeconomics)
- NEP-PKE-2008-05-10 (Post Keynesian Economics)
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