Search Results - subject:"Keynesian consumption function"

Fallacy of the multiplier effect : correcting the income analysis

Ono, Yoshiyasu (contributor) - 2006

the rational consumer behavior or the Keynesian consumption function is assumed --i.e., the balanced-budget multiplier is … the Keynesian consumption function is assumed. The fallacy comes from a confusion between the spending and the … both cases, the above property is valid regardless of which consumer behavior is assumed, the Keynesian consumption …

Persistent link: https://www.econbiz.de/10003381989

Fallacy of the Multiplier Effect : Correcting the Income Analysis

Ono, Yoshiyasu - 2006

Although the Keynesian multiplier effect of public works is criticized for lack of a microeconomic foundation, it is still taught in most undergraduate courses and believed to be useful for policy makers. However, it has a serious fallacy even if we accept the consumption function. This note...

Persistent link: https://www.econbiz.de/10014055219

Recursive equilibria in an Aiyagari-style economy with permanent income shocks

Kuhn, Moritz - In: International economic review 54 (2013) 3, pp. 807-835

Persistent link: https://www.econbiz.de/10010227355

Oszczędności, konsumpcja i dochody rozporządzalne gospodarstw domowych w wybranych krajach rozwiniętych i po transformacji ustrojowej

Kulpaka, Paweł - 2013

Persistent link: https://www.econbiz.de/10010205445

Essays on micromotives and macrobehavior, expectation formation, and asset price dynamics

Ghonghadze, Jaba - 2013

Persistent link: https://www.econbiz.de/10009706287

Do the rich save more? : a revisit to the theories of the consumption function

Fan, Chengze Simon - In: Progress in economics research 27 (2013), pp. 165-182

Persistent link: https://www.econbiz.de/10011404588

Individual versus aggregate income elasticities for heterogeneous populations

Paluch, Michał; Kneip, Alois; Hildenbrand, Werner - In: Journal of applied econometrics 27 (2012) 5, pp. 847-869

Persistent link: https://www.econbiz.de/10010219735

New historical evidence against Ricardian equivalence in Australia

Abdullaev, Bekzod; Kónya, László - In: Economic papers : a journal of applied economics and policy 31 (2012) 2, pp. 137-149

Persistent link: https://www.econbiz.de/10009576407

Consumption function for Poland : is life cycle hypothesis legitimate?

Leszkiewicz-Kędzior, Katarzyna; Welfe, Władysław - In: Bank i kredyt 43 (2012) 5, pp. 5-20

Persistent link: https://www.econbiz.de/10009684002

Private consumption and cyclical asymmetries in the euro area

Clausen, Volker; Schürenberg-Frosch, Hannah - In: Intereconomics : review of European economic policy 47 (2012) 3, pp. 190-196

Experience after the establishment of EMU shows that the behaviour of private consumers differs considerably among member countries and that average and marginal propensities to consume are fairly heterogeneous. In particular, there are clear differences between Germany and the rest of the euro...

Persistent link: https://www.econbiz.de/10009612608