Description |
1 online resource (29 pages) : illustrations |
Series |
IMF working paper, 2227-8885 ; WP/97/56 |
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IMF working paper ; WP/97/56.
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Summary |
As might be expected from an activity which comprises well over half of aggregate economic spending, the behavior of private consumption remains one of the most important areas of economic research. As yet, however, there is little consensus on how to characterize this behavior empirically, with some investigators focusing on the importance of optimizing behavior in a world with complete markets and infinitely lived consumers, and others on the impact of market imperfections, rules of thumb, and life-cycle effects. This paper provides a way of assessing the relative contribution of these different types of behavior to aggregate consumption |
Bibliography |
Includes bibliographical references (pages 27-29) |
Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
Subject |
Consumption (Economics) -- Canada
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Risk -- Canada
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Income -- Canada
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Consumption (Economics)
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Income
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Risk
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Canada
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Form |
Electronic book
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Author |
International Monetary Fund. Asia and Pacific Department.
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ISBN |
1283556286 |
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9781283556286 |
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1451894503 |
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9781451894509 |
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1462374239 |
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9781462374236 |
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1452759359 |
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9781452759357 |
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9786613868732 |
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6613868736 |
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9781451968439 |
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1451968434 |
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