Current Search: Ecuador (x) » Department of Economics (x) » Consumption (Economics) (x)
-
-
Title
-
A REVIEW OF THE LIFE CYCLE HYPOTHESIS OF CONSUMPTION AND SAVING.
-
Creator
-
SHELOR, CARROLL FREDERICK., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
-
Abstract/Description
-
This thesis reviews the major literature associated with the Life Cycle Hypothesis of Consumption and Saving as formulated by Franco Modigliani, Richard Brumberg and Albert Ando. The initial microeconomic formulation of the theoretical model of individual consumer behavior in terms of life time planning was examined under conditions of both stability and growth. Next, the attempts to seek empirical support for the propositions of the theory in cross-section survey data and the tests of the...
Show moreThis thesis reviews the major literature associated with the Life Cycle Hypothesis of Consumption and Saving as formulated by Franco Modigliani, Richard Brumberg and Albert Ando. The initial microeconomic formulation of the theoretical model of individual consumer behavior in terms of life time planning was examined under conditions of both stability and growth. Next, the attempts to seek empirical support for the propositions of the theory in cross-section survey data and the tests of the aggregate implications of the theory were examined. It was concluded that within the current conceptual framework of macroeconomics the theory has a fairly high level of explanatory force, and should further future inquiry.
Show less
-
Date Issued
-
1976
-
PURL
-
http://purl.flvc.org/fcla/dt/13814
-
Subject Headings
-
Consumption (Economics)
-
Format
-
Document (PDF)
-
-
Title
-
A SPECTRAL ANALYSIS OF MONEY, INCOME AND EXPENDITURE.
-
Creator
-
BENNETT, MARIE ELAINE., Florida Atlantic University, Stronge, William B., College of Business, Department of Economics
-
Abstract/Description
-
This thesis tests whether a simple income-expenditure model is a better predictor of induced expenditure and thus income than a simple quantity theory model. A spectral analysis was performed using alternative definitions of money, income and expenditure. From the results of cross spectral analysis, it was concluded that the money supply is the better predictor of short run (8 months - 3 years) fluctuations in consumption and thus in income.
-
Date Issued
-
1973
-
PURL
-
http://purl.flvc.org/fcla/dt/13570
-
Subject Headings
-
Income, Consumption (Economics), Econometrics
-
Format
-
Document (PDF)