THE CONSUMPTION FUNCTION WHEN CAPITAL MARKETS ARE IMPERFECT: THE PERMANENT INCOME HYPOTHESIS RECONSIDERED

Abstract

THE CONSUMPTION FUNCTION WHEN CAPITAL MARKETS ARE IMPERFECT: THE PERMANENT INCOME HYPOTHESIS RECONSIDERED J. S. FLEMMING J. S. FLEMMING Nuffleid CollegeOxford Search for other works by this author on: Oxford Academic Google Scholar Oxford Economic Papers, Volume 25, Issue 2, July 1973, Pages 160–172, https://doi.org/10.1093/oxfordjournals.oep.a041251 Published: 01 July 1973