Title of article :
Bliss and the permanent income hypothesis
Author/Authors :
Guy Laroque، نويسنده , , Isabelle Lemaire، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1997
Abstract :
We study a variant of the permanent income hypothesis. Maintaining quadratic utility function and a discount rate equal to the interest rate, we modify the condition
Keywords :
Permanent Income Hypothesis , Dynamic Programming
Journal title :
Economics Letters
Journal title :
Economics Letters
