![Permanent income hypothesis / Marginal propensity to consume / Consumption function / Milton Friedman / Random walk model of consumption / Utility / Economic model / Income / Consumption smoothing / Macroeconomics / Economics / Precautionary savings Permanent income hypothesis / Marginal propensity to consume / Consumption function / Milton Friedman / Random walk model of consumption / Utility / Economic model / Income / Consumption smoothing / Macroeconomics / Economics / Precautionary savings](https://www.pdfsearch.io/img/31491af6232f2a729cb6f37a2c1524b5.jpg) Date: 2001-08-07 11:48:46Permanent income hypothesis Marginal propensity to consume Consumption function Milton Friedman Random walk model of consumption Utility Economic model Income Consumption smoothing Macroeconomics Economics Precautionary savings | | NBER Final Draft A Theory of the Consumption Function, With and Without Liquidity Constraints (Expanded Version) Christopher D. Carroll†Add to Reading ListSource URL: www.econ2.jhu.eduDownload Document from Source Website File Size: 536,63 KBShare Document on Facebook
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