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Search Results for life cycle hypothesis

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Journal Article
History of Political Economy (2019) 51 (5): 867–900.
Published: 01 October 2019
...Antonella Rancan The paper discusses Modigliani, Brumberg, and Ando’s life cycle hypothesis and its difficult acceptance in Italy over the 1960s and 1970s. The increasing attention to the effects of income redistribution on consumption coupled with the strong influence that post-Keynesian economics...
Journal Article
History of Political Economy (2023) 55 (1): 103–143.
Published: 01 February 2023
...Carlos García; Daniel Otero; Boris Salazar Abstract Hall's 1978 article titled “Stochastic Implications of the Life Cycle–Permanent Income Hypothesis” was meant to revolutionize consumption modeling. It indeed delivered, but not by becoming the dominant modeling strategy, but by unleashing...
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Journal Article
History of Political Economy (2003) 35 (1): 77–104.
Published: 01 March 2003
...-Holland. Hall, Robert E. 1978 . Stochastic Implications of the Life Cycle-Permanent Income Hypothesis: Theory and Evidence. Journal of Political Economy 86.6 : 971 -87. Hicks, John R. [1939] 1946 . Value and Capital . 2d ed. Oxford: Oxford University Press. Hirsch, Abraham, and Neil De...
Journal Article
History of Political Economy (2019) 51 (3): 493–513.
Published: 01 June 2019
...: A Critique of the Permanent Income Theory, the Life-Cycle Hypothesis and Related Theories . Berkeley : University of California Press . Modigliani Franco Brumberg Richard 1954 . “ Utility Analysis and the Consumption Function: An Interpretation of Cross-section Data ”. In Post Keynesian...
Journal Article
History of Political Economy (2023) 55 (5): 1003–1005.
Published: 01 October 2023
... on the life-cycle hypothesis and the Federal Reserve Board's macroeconometric model, to his involvement with the Bank of Italy's modeling activities. A number of themes that were already present in Ando's dissertation reemerged at different times throughout his career: among others, the need for solid...
Journal Article
History of Political Economy (2013) 45 (1): 1–38.
Published: 01 March 2013
... such as the life-cycle hypothesis with Albert Ando (a PhD student in mathematical economics at Carnegie Tech), the Modigliani-Miller corporate finance theory, his paper with Emile Grunberg, and the various works dealing with uncer- tainty were developed at Carnegie Tech in the 1950s. Nonetheless...
Journal Article
History of Political Economy (2010) 42 (2): 395–397.
Published: 01 June 2010
...- ics in 1985. Chapter 4 traces the development of Modigliani’s work on consumption, most notably his life-cycle hypothesis of saving and consumption that he developed with Richard Brumberg. According to the hypothesis, an individual’s current con- sumption depends on, and is some fraction...
Journal Article
History of Political Economy (2010) 42 (2): 383–385.
Published: 01 June 2010
...- ics in 1985. Chapter 4 traces the development of Modigliani’s work on consumption, most notably his life-cycle hypothesis of saving and consumption that he developed with Richard Brumberg. According to the hypothesis, an individual’s current con- sumption depends on, and is some fraction...
Journal Article
History of Political Economy (2010) 42 (2): 385–386.
Published: 01 June 2010
...- ics in 1985. Chapter 4 traces the development of Modigliani’s work on consumption, most notably his life-cycle hypothesis of saving and consumption that he developed with Richard Brumberg. According to the hypothesis, an individual’s current con- sumption depends on, and is some fraction...
Journal Article
History of Political Economy (2010) 42 (2): 387–388.
Published: 01 June 2010
...- ics in 1985. Chapter 4 traces the development of Modigliani’s work on consumption, most notably his life-cycle hypothesis of saving and consumption that he developed with Richard Brumberg. According to the hypothesis, an individual’s current con- sumption depends on, and is some fraction...
Journal Article
History of Political Economy (2010) 42 (2): 388–390.
Published: 01 June 2010
...- ics in 1985. Chapter 4 traces the development of Modigliani’s work on consumption, most notably his life-cycle hypothesis of saving and consumption that he developed with Richard Brumberg. According to the hypothesis, an individual’s current con- sumption depends on, and is some fraction...
Journal Article
History of Political Economy (2010) 42 (2): 390–392.
Published: 01 June 2010
...- ics in 1985. Chapter 4 traces the development of Modigliani’s work on consumption, most notably his life-cycle hypothesis of saving and consumption that he developed with Richard Brumberg. According to the hypothesis, an individual’s current con- sumption depends on, and is some fraction...
Journal Article
History of Political Economy (2010) 42 (2): 392–394.
Published: 01 June 2010
...- ics in 1985. Chapter 4 traces the development of Modigliani’s work on consumption, most notably his life-cycle hypothesis of saving and consumption that he developed with Richard Brumberg. According to the hypothesis, an individual’s current con- sumption depends on, and is some fraction...
Journal Article
History of Political Economy (2010) 42 (2): 394–395.
Published: 01 June 2010
...- ics in 1985. Chapter 4 traces the development of Modigliani’s work on consumption, most notably his life-cycle hypothesis of saving and consumption that he developed with Richard Brumberg. According to the hypothesis, an individual’s current con- sumption depends on, and is some fraction...
Journal Article
History of Political Economy (2010) 42 (2): 397–399.
Published: 01 June 2010
...- ics in 1985. Chapter 4 traces the development of Modigliani’s work on consumption, most notably his life-cycle hypothesis of saving and consumption that he developed with Richard Brumberg. According to the hypothesis, an individual’s current con- sumption depends on, and is some fraction...
Journal Article
History of Political Economy (2010) 42 (2): 399–401.
Published: 01 June 2010
...- ics in 1985. Chapter 4 traces the development of Modigliani’s work on consumption, most notably his life-cycle hypothesis of saving and consumption that he developed with Richard Brumberg. According to the hypothesis, an individual’s current con- sumption depends on, and is some fraction...
Journal Article
History of Political Economy (2010) 42 (2): 401–402.
Published: 01 June 2010
...- ics in 1985. Chapter 4 traces the development of Modigliani’s work on consumption, most notably his life-cycle hypothesis of saving and consumption that he developed with Richard Brumberg. According to the hypothesis, an individual’s current con- sumption depends on, and is some fraction...
Journal Article
History of Political Economy (2011) 43 (suppl_1): 333–354.
Published: 01 December 2011
... Econometric Mundlak, Yair Model, 98 panel data econometrics, 259, 261, Modigliani, Franco, 6 269–71, 277–78 life-cycle hypothesis, 171 Mussolini, Benito, 216 MIT–Pennsylvania–Social Science Myers, Charles Samuel, 39...
Journal Article
History of Political Economy (2007) 39 (Suppl_1): 76–95.
Published: 01 December 2007
... . . . was an important source of inspiration, both for the Life Cycle and for the roughly contemporaneous Permanent Income Hypothesis (PIH) of Milton Friedman (1957 However, if only one name becomes attached to a concept, it will be the name of the person who held the pen or made the largest (or most noticeable...
Journal Article
History of Political Economy (1969) 1 (1): 150–172.
Published: 01 March 1969
... of the interest rate to fall, at least in a non-collectivist society in which 39, Cassel, On Quantitative Thinking, pp. 91-93. 40. See Albert Ando and Franco Modigliani, “The ‘Life CycleHypothesis of Saving,” American Economic Review 53 (March 1963) : 5584; Modigliani, “The Life Cycle Hypoth- esis...