Do Formulations of the Permanent Income Hypothesis with Constant Real Interest Rates and Subjective Tiome Preferences Rates Make Sense? An Example of Random Walk with Time Varying Drift.
| Year of publication: |
1995
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|---|---|
| Authors: | Swanson, N.R. |
| Institutions: | Department of Economics, Pennsylvania State University |
| Subject: | INCOME | INTEREST RATE | ECONOMIC MODELS |
| Series: | |
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| Type of publication: | Book / Working Paper |
| Notes: | 9 pages |
| Source: |
Persistent link: https://www.econbiz.de/10005664201