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8%OFFRandall P. Mariger - Consumption Behavior and the Effects of Government Fiscal Policies - 9780674166356 - V9780674166356
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Consumption Behavior and the Effects of Government Fiscal Policies

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Description for Consumption Behavior and the Effects of Government Fiscal Policies Hardback. Series: Economic Studies. Num Pages: 312 pages, Illustrations. BIC Classification: JFFT; KJSM. Category: (P) Professional & Scholarly; (UP) Postgraduate; (UU) Undergraduate. Dimension: 278 x 154 x 26. Weight in Grams: 635.

In Consumption Behavior and the Effects of Government Fiscal Policies, Randall Mariger explores how people make decisions about how much to consume and save over their lifetimes. An understanding of these issues illuminates not only individual behavior but important properties of the macro economy as well. The most popular framework for analyzing consumption has been the life-cycle theory. Mariger tests two fundamental, and controversial, assumptions underlying the theory—that there are no planned bequests and that human capital is marketable. To do this, he fits a structural consumption model that incorporates endogenous liquidity constraints (non-marketability of human capital), but no ... Read more

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Product Details

Format
Hardback
Publication date
1986
Publisher
Harvard University Press
Condition
New
Series
Economic Studies
Number of Pages
312
Place of Publication
Cambridge, Mass, United States
ISBN
9780674166356
SKU
V9780674166356
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1

Reviews for Consumption Behavior and the Effects of Government Fiscal Policies
An excellent book. While there have been other empirical studies of liquidity constraints, Mariger’s approach is unique. I particularly like the way he traces out the macroeconomic implications of his micro findings.
Laurence J. Kotlikoff

Goodreads reviews for Consumption Behavior and the Effects of Government Fiscal Policies


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