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Einfluss des Vermögens auf den privaten Konsum in eine Konsumfunktion integrieren? Antwortansätze und Quantifizierungsversuche …
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distinguished American economist presents a new theory of the consumption function, tests it against extensive statistical J … material and suggests some of its significant implications. Central to the new theory is its sharp distinction between two …
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-The Implications of the Pure Theory of Consumer Behavior -- 1. Complete Certainty -- 2. The Effect of Uncertainty -- a. THE …
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In this paper, an econometric model of consumption in Bulgaria for the period 1997-2005 is constructed. The Error-Correction Model (ECM) approach is employed and long-run relationship between household consumption and income was found. The primary purpose of this empirical paper is to get a...
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