![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)
| Document Date: 2001-08-07 11:48:46 Open Document File Size: 536,63 KBShare Result on Facebook
Country Germany / United States / / Currency USD / / / Facility Johns Hopkins University / The Johns Hopkins University / / IndustryTerm certainty equivalent solutions / foresight solution / explicit solutions / computational algorithm / explicit solution / numerical solutions / / Organization The Johns Hopkins University / Department of Economics / NBER / Johns Hopkins University / / Person Milton Friedman / Carl Christ / Christopher D. Carroll / / / Position author / model / Rt / / ProgrammingLanguage Mathematica / / ProvinceOrState YT / / PublishedMedium Journal of Economic Perspectives / / Technology GPS / simulation / computational algorithm / / URL www.econ.jhu.edu/people/carroll / /
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